Former hotel favourite bought out of administration
LEEDS hotel Haley’s has been bought out of administration by leisure entrepreneur Gordon Jowett for an undisclosed sum.
Mr Jowett, who already owns Corn Mill Lodge Hotel near Bramley, will now roll out an investment programme to help modernise both the country house hotel and its restaurant.
The 26 room Headlingley hotel was placed into administration with Baker Tilly in April after a significant fall in occupancy levels.
Phil Pierce, joint administrator and restructuring and recovery partner at the Leeds office of Baker Tilly, said: “Haley’s was once recognised as one of Leeds’ best boutique hotels, however in recent years it has suffered from a lack of investment and poor management.
“Gordon Jowett has built up a strong reputation for Corn Mill Lodge Hotel and clearly understands Yorkshire’s hospitality sector very well. We’re confident he can realise his plans and put Haley’s back on the map.”
Commenting on the acquisition Mr Jowett said: “Haley’s is well-known to me and I firmly believe that with the right level of management and investment, it can earn back its reputation for high quality accommodation and cuisine.
“The hotel is located just outside Leeds city centre and benefits from the cricket and university graduation trade in the summer. It has huge potential and complements my other hotel in Pudsey extremely well.”
Colliers Robert Barry (CRB) was appointed to market the hotel while Licensed Solutions was engaged to carry out the trading of the hotel during the sales process.
