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Comment Text: You may use BB Codes in your message.	[quote=David]<p><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">There are 5 Richardson hotels in South Devon and Cornwall.</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">Per RSM Restructuring Authority spokesperson:</span></span></p> <p style="margin-left: 40px;"><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">"... we will continue to trade all five hotels while we assess how best to proceed and we will endeavour to update all stakeholders as soon as we can..."</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">Owner Keith Richardson said:</span></span></p> <p style="margin-left: 40px;"><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">"I spent too much money on the Grosvenor Hotel and I ran out of money."</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">Richardson says he has a recovery plan that may involve selling one of the hotels.</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size: 16px;">Is this Brexit fallout? (See the Related Article <em><a target="_blank" rel="nofollow" href="https://www.tourismmarketer.com/articles/europe/uk-and-ireland/accountants-uk-hotels-at-risk-of-failure-as-a-result-of-brexit-30161-thread.html">Accountants: 1800 UK hotels at risk of failure as a result of Brexit</a> )</em></span></span></p>[/quote]
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David

Posted 17 January 2018:

There are 5 Richardson hotels in South Devon and Cornwall.

Per RSM Restructuring Authority spokesperson:

"... we will continue to trade all five hotels while we assess how best to proceed and we will endeavour to update all stakeholders as soon as we can..."

Owner Keith Richardson said:

"I spent too much money on the Grosvenor Hotel and I ran out of money."

Richardson says he has a recovery plan that may involve selling one of the hotels.

Is this Brexit fallout? (See the Related Article Accountants: 1800 UK hotels at risk of failure as a result of Brexit )