Balmoral Hotel Belfast: Business as usual despite going into administration, say accountants
A west Belfast hotel employing 120 people will stay open for weddings and all other business despite going into administration, it's been claimed.
Accountants from KPMG said it’s “business as usual” after they were appointed to run Balmoral Hotel on Blacks Road.
Joint administrators John Hansen and Stuart Irwin said they wanted to keep the hotel open and trading.
The company behind the hotel, Balmoral Inns LLP, is insolvent.
Mr Irwin said: “It is our intention to continue trading and keep the hotel open for “business as usual’’ including weddings and all other bookings.
“The joint administrators will seek to find a new owner. However, in the meantime it is our intention to keep the business open.”
And Mr Irwin said that while it was still the early stages of administration, “our attention at present is to keep the workforce intact”.
“We will keep all matters under review in the coming days and weeks,’ he added.
And he said KPMG were working with management and staff to keep to bookings and to secure more reservations.
But he said the hotel would ultimately be sold “as a going concern”.
Mr Irwin said: “Given the great location and our stated intentions we hope that people will continue to book and our immediate objective is to secure operations, honour bookings and work with the existing staff.
“We will look at selling the business in due course.”