Premier in receivership
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East Coast of Saudi Arabia
The Lansdowne Club
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Mayfair, London, UK
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Premier in receivership

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Torfaen Leisure Trust
£23,000
location: Pontypool Active Living Centre / Pontypool Ski Slope, South Wales, United Kingdom
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Premier Hotels, owner of the National Budget Hotel operator, has gone into receivership. A spokesperson for Deloitte and Touche, the company appointed to look after the business, commented that 'significant parts of the Premier Group are not subject to the insolvency process' and that all of the company's hotels will continue to operate as normal while all re-financing opportunities are being considered. Premier, which acquired Oriel Leisure last November for £42m, owns 24 hotels across the UK.

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Premier Hotels, owner of the National Budget Hotel operator, has gone into receivership.
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