Hotel Management Network

Daily Newsletter

28 August 2023

Daily Newsletter

Mar Hall hotel is placed in administration

The resort maintains uninterrupted operations as it faces a potential sale, overseen by experienced management.

Mar Hall Golf and Spa Resort, the only five-star hotel in Renfrewshire, is grappling with an uncertain future following its plunge into administration.

The upscale establishment, nestled within a sprawling 240-acre woodland estate in Bishopton, currently provides employment to over 100 dedicated staff members.

In a significant development, the reins of Mar Estates Limited, the company behind Mar Hall Golf and Spa Resort, were handed over to EY-Parthenon's Turnaround and Restructuring Strategy team on Tuesday, August 22.

This move comes as a response to the financial challenges faced by the luxury resort.

Resort to continue trading amid sale exploration

Amid the uncertainty, there is a glimmer of hope for Mar Hall Golf and Spa Resort. A statement issued by EY-Parthenon assures that the resort will remain operational as it has been, with services continuing without interruption.

Moreover, all existing bookings and gift vouchers will be honoured.

The administrators have disclosed their intention to put Mar Hall Golf and Spa Resort on the market for sale. This announcement has generated significant anticipation within the industry, given the resort's high-profile status.

To ensure the seamless operation of the resort during this transition period, experienced hotel operators Michels & Taylor have been brought on board to support the joint administrators.

The future of Renfrewshire's premier luxury establishment now hangs in the balance as it enters a new chapter in its storied history.

Demand for upscale and luxurious products has been rising steadily in the travel and tourism sector

The increased need for privacy, a greater focus on health and wellbeing, a desire to tick off ‘bucket list’ experiences, the tendency to take longer trips, the focus on eco-tourism, and an increase in millionaires means the theme of premiumization will continue to grow in importance. The travel industry will experience a surge in demand for higher-end and customized offerings as experiential consumption keeps growing. While premiumization attracts only a small number of global travelers, it is a valuable revenue stream for companies as it is unlikely to be impacted by external factors like economic downturns.