Friday, 22 April 2011

Hotel group's collapse leads to sale of 28 stately homes | Business | guardian.co.uk

Hotel group's collapse leads to sale of 28 stately homes | Business | guardian.co.uk

A grand collection of castles and stately homes is up for auction after their owner, the von Essen Hotels group, collapsed into administration with estimated debts of £250m on Wednesday.

Administrators at Ernst & Young are trying to find buyers for von Essen's 28 luxury country house hotels in the UK and France. They include Cliveden House in Berkshire, Ston Easton Park in Somerset, the Royal Crescent in Bath, Thornbury Castle near Bristol and Amberley Castle in west Sussex, which dates back to 1140.

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