Steve Muncaster and Sarah Bell, Managing Directors of Duff & Phelps, the premier global valuation and corporate finance advisor, have today been appointed Joint Administrators of O&S Hotels Ltd, which trades as The Wild Pheasant Hotel in Llangollen, North Wales.
As of today, the 46 bedroom hotel has been closed due to health and safety concerns and all existing bookings will be cancelled. With the closure of the hotel, all employees have also been made redundant with immediate effect.
Steve Muncaster, Managing Director of Duff & Phelps and Joint Administrator, said, “We’re conscious that in the busy holiday period there will be many disappointed to hear about the closure of the hotel. Anyone with an existing booking should get in touch with us and those that have paid in advance for bookings on credit or debit card should contact their provider for potential refunds.”
The Joint Administrators are looking to sell the property and any registrations of interest are welcome.
ENDS
Media Relations
Vikki Kosmalska
020 7903 0679
[email protected]
