£3m rescue deal saves historic hotel following administration

£3m rescue deal saves historic hotel following administration

A £3 MILLION rescue deal has saved an historic 24-room Scottish boutique hotel after it entered administration earlier this year

£3 million rescue deal saves historic George Hotel in Inveraray following administration - Scottish Business News

Administrators overseeing the sale of the historic 24-room Scottish boutique hotel have sold the hotel business, its contents and a residential dwelling to a duo of experienced hotel operators, Charlie Maclachlan and Sam Wignell of Fyne Hospitality, for £3.05m in a deal that will save up to 43 jobs in Inveraray. Kevin Mapstone and Kenny Craig of Begbies Traynor were appointed as joint administrators of the Inveraray Inn Ltd, which trades as the …