Premier Inn’s Four Corners hotel in Belfast is open as usual in spite of the fact that the landlord of the building that the hotel is located in has been placed into administration. The Belfast Telegraph reports that the company that redeveloped the building on the corner of Donegall Street and Waring Street, Corner Blok, and which is the current owner, has been placed into administration by Bank of Scotland Ireland (BOSI).
The Four Corners Hotel part of the Premier Inn chain leased the building from Corner Blok and the hotel group has stated that the difficulties of its current landlord will have no effect on the running of the hotel. Keith Freeman, the regional operations manager for Ireland, said: “The Premier Inn at Waring Street, one of our six highly successful hotels in Northern Ireland, continues to trade very well and business at the hotel will in no way be affected by the administration.”
The Four Corners Hotel opened in 2008, generating some 75 jobs. The hotel has 171 rooms and also contains a popular 200-seater restaurant and bar. It is located in the bustling Cathedral quarter in Belfast and is within easy walking distance of all the major tourist attractions in the city and is close to all major public transport options. The building where the hotel is located was previously a bank and had been derelict for over 15 years. The building was reopened in October 2008 after a £15m restoration project. At the time Margaret Ritchie, the Minister for Social Development, said: “The Premier Inn hotel and the new restaurant will further revitalise Cathedral Quarter and the wider city centre of Belfast. Last week at the Belfast Evening Economy Conference I said that this growing modern city needs a vibrant evening economy and this £15m development is yet another step in that direction”.
Bank of Scotland has since pulled out of Ireland and confirmed that administrators were appointed in March of this year. The administrators Deloitte said it would do the “utmost to achieve best value” for Corner Blok’s creditors.