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North Wales Based The Oriel Hotel Files for Liquidation

By Cheshta Dhawan | on 21st January 2025 | 0 Comment
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A prominent hotel and wedding venue in St Asaph, the Oriel Hotel, has ceased operations following the company’s entry into liquidation. Employees were reportedly informed on January 17 about the closure, which has caused significant disruption to upcoming wedding plans.

Attempts to contact the hotel revealed a recorded message confirming its closure due to liquidation. The property, originally built as a private residence in the 19th century, operated as a boys’ school before becoming a hotel in the 1960s.

The sudden closure has elicited widespread sadness. Couples who had booked the venue for weddings have been left scrambling for alternatives, with some learning about the news through social media. A bride-to-be shared online that her wedding had been canceled, while others expressed similar frustrations.

The closure of the Oriel Hotel reflects a broader trend in the UK hospitality industry, which has faced a surge in insolvencies. Rising energy costs, staff shortages, and a decline in consumer spending have placed immense pressure on businesses. According to recent data, hospitality insolvencies in the UK have increased by over 60% compared to pre-pandemic levels, with hotels and event venues among the hardest hit.

Event companies that partnered with the Oriel Hotel, such as Black Box Events, have expressed disappointment and offered support to the affected staff and clients. Rydal Penrhos Events also conveyed sympathy, highlighting the venue’s role in creating cherished memories for families over the years.

As the hospitality sector continues to navigate these challenges, closures like this underscore the precarious position many businesses face in the current economic climate.

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Tags: AdministrationAdministration ListBusiness acquisitionbusiness newsHospitalityInsolvencyliquidation

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