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Beetham Hotels Birmingham Limited (04439277): administration

Status
Administration ended
Administration began
2011-12-02
Administrators
Brian Green, Mark Jeremy Orton, Paul Andrew Flint
Administrators' firm
KPMG
Incorporated
2002-05-15
Location
Manchester
Industry
5510

From the administrators' statement

The Company owns the long leasehold of a trading hotel in Birmingham city centre The Hotel operates under the Radisson Blu brand and at the date of appomtment 993 years remamed on the lease The Hotel was opened in 2006 and consists 211 bedrooms and suites, meeting room facilities, an on-site restaurant, bar and spa The Lender holds a fixed charge over the Hotel asset under ther debenture dated 22 December 2005, as well as a floating charge over the remainder of the Company s assets

The Hotel Operating Agreement

The Hotel is managed under an International Management Agreement (“IMA”) by Rezidor Hotels UK Limited, part of Rezidor Hospitality SAS Group All of the Hotel’s trading transactions pass through the Company s accounts Under the IMA, Rezidor provide management services to the Company and act as sales and reservations agent for the Hotel The Company owns the long leasehold to the Hotel as well as the associated FFE assets and 1s obliged to provide sufficient working capital and employees to run the

Administrators' statement of proposals (2012-02-02) · Companies House register

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Beetham Hotels Birmingham Limited (04439277)

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