Friday, 8 July 2011

The redundancies are at some of her hotels, a bar and children's play barns in north east Wales, Cheshire, and Shropshire run by Llangollen Hotels.

KPMG made the announcement as administrators for Llangollen Hotels Limited and parent company Global Investments Group.

Some hotels will continue to trade with bookings honoured until they are sold.

Llangollen Hotels comprises seven hotels in Wrexham, Denbighshire and Chester. The business employs 177 people.

Four freehold hotels will not be affected with no staff redundancies at Bodidris Hall in Llandegla, Wrexham; The Wild Pheasant, The Chainbridge and The Bryn Howel, in Llangollen, Denbighshire.

Any bookings and deposits "intend to be honoured until the hotels are sold", said joint administrators David Costley-Wood and Brian Green in a statement issued on Friday.


The Anchor Hotel, Ruthin - 14
The Chester Bridge, Chester - 15
The Wynnstay, Wrexham - 36
Fun House, Mold - 15
Fun House, Wrexham - 9
Fun House, Oswestry - 5
McLarens, Oswestry - 11
Source: KPMG
The remaining hotels which are leased have been closed.

They are The Anchor Hotel in Ruthin, Denbighshire; The Wynnstay Arms Hotel, Wrexham; and The Chester Bridge Hotel, Chester.

The statement said the directors shut the Wynnstay Arms Hotel prior to the appointment of administrators.

'Substantial debt'

The Wynnstay Arms is a local landmark in Wrexham
The Anchor Hotel and The Chester Bridge Hotel closed on Friday.

Global Investments Group operates three children's soft play centres, Fantastic Fun Houses, in Mold, Flintshire; Wrexham; and Oswestry, Shropshire; as well as McLarens, a wine bar in Oswestry.

These are all leasehold properties and were closed by the directors prior to appointment of the administrators, they said.

Mr Costley-Wood, a joint administrator and restructuring partner at KPMG, said: "The Global Investment Group expanded rapidly into a range of leisure businesses and built up substantial debt in the process.

The four freehold hotels are trading well and we are confident of finding a buyer”

David Costley-Wood
"The business is now no longer able to make payments as they fall due, necessitating the appointment of administrators.

"The four freehold hotels are trading well and we are confident of finding a buyer."

In 2009, Ms Booth appeared in BBC Wales fly-on-the-wall documentary series Hotel Stephanie showing her cope with the day-to-day problems of managing six hotels in north east Wales during the recession.

In recent months she has been linked with a takeover of Wrexham football club, before withdrawing from the process in May.

She took over the Wynnstay Arms, which is a well-known Wrexham landmark, in April 2010. The new proprietor "guaranteed" the workforce their jobs would be safe.

A spokesman for Ms Booth said on Thursday that she had been using her own money to ensure all staff were paid prior to the administrators being appointed.


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