Does anyone know whether there is any truth in the rumour that the Strand Hotel has been put into administration / receivership ?

By TonyFlag at 18:46 on 28/01/12

Re-post

Heard the same rumour...I can't confirm on way or the other but if it is true I'm not surprised. I don't believe the business model attempted was workable.

I suspect the only long term option is to turn the place into apartments.

By kevincolwill at 22:32 on 28/01/12
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I've asked the question of the Strand management and await a response.

By BudePeeps at 08:09 on 29/01/12
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So, TonyFlag, see recent postings. The answer is yes but meanwhile, I hear all workers are still in place and being paid, and the hotel continues to function while solutions are sought.......thanks for the question.

By dawnrw at 19:40 on 31/01/12
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More sad news today to hear that The Strand isn't the only Bude Hotel under administration. Business as usual however, and Bude must continue to support these valuable assets.

By Tourist Information Centre at 21:55 on 03/02/12
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Ah, I've missed something. There's another Bude Hotel in administration?

By BudePeeps at 07:15 on 04/02/12
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Bude has some very successful hotels that make good profits, others that are operated as a "lifestyle business" or not much more than a hobby and a third type that passes from owner to owner and never seems to get out of financial trouble. Of course I hope the Strand can be a commercial success as a hotel. Not least I hope it can generate meaningful job opportunities for local people. I don't think, however, that we should not close our minds to any possibility of a plan B.
At least let's have the debate. If the Strand can't operate profitably as a hotel should it be converted into permanent accommodation (flats) and, if so, what sort of flats should they be?
You may feel that debate is premature whilst the administrators try to move the strand on as a going concern. I feel we must look at the options now so that if someone does come out with a plan for residential redevelopment we can give a reasonable and reasoned response.

By kevincolwill at 14:07 on 04/02/12
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It appears that The Camelot Hotel is also in administration,

website says
http://tinyurl.com/6rz32kg

Simon Haskew and Neil Vinnicombe were appointed joint administrators on 2 February 2012. The affairs, business and property of the company are being managed by the joint administrators, who act as the company's agents and without personal liability

By Neil Davies Associates at 22:03 on 16/02/12
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Is that the right link because I am not getting any notice of administration when I click on it? Sad news, as per The Strand, if this is right!

By BudePeeps at 09:00 on 17/02/12
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try this one

http://tinyurl.com/6rz32kg

By Neil Davies Associates at 19:22 on 17/02/12
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cant seem to paste the link.
have a look at the contact page of the Camelot hotel website. at the bottom is says in administartion.

By Neil Davies Associates at 19:24 on 17/02/12
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Thanks, yes, it says so in the link http://tinyurl.com/6rz32kg
How sad.

By BudePeeps at 11:52 on 18/02/12
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