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| Swallow Hotels firm asks for help | Swallow Hotels firm asks for help |
| (about 2 hours later) | |
| The Maidstone firm behind Swallow Hotels and the Gourmet Pub Company has called in administrators Ernst & Young. London & Edinburgh Swallow Group said it has struggled for "some time in the face of increasing heavy losses". | |
| Ernst & Young said the firm would operate as normal while it examined options including the sale of assets. | Ernst & Young said the firm would operate as normal while it examined options including the sale of assets. |
| Swallow Group operates 671 sites across the UK, including the Kent International Hotel and Swallow Carnoustie, and has about 7,300 staff. | Swallow Group operates 671 sites across the UK, including the Kent International Hotel and Swallow Carnoustie, and has about 7,300 staff. |
| There are 70 Swallow Hotels in Scotland including five in Edinburgh, among which the Learmonth is the biggest. | There are 70 Swallow Hotels in Scotland including five in Edinburgh, among which the Learmonth is the biggest. |
| The London & Edinburgh Swallow Group is the holding company for five firms including London and Edinburgh Inns, Newlord, and React Inns. | The London & Edinburgh Swallow Group is the holding company for five firms including London and Edinburgh Inns, Newlord, and React Inns. |
| "We are continuing to trade the various companies on a 'business as usual' basis while we explore the possibility of a sale of the businesses and their assets as going concerns," said Ernst & Young's Angela Swarbrick. | "We are continuing to trade the various companies on a 'business as usual' basis while we explore the possibility of a sale of the businesses and their assets as going concerns," said Ernst & Young's Angela Swarbrick. |