Press Release: Von Essen hotels takes over Llangoed Hall Hotel

Andy Townsend, chief executive officer of Legacy Hotels and Resorts, said: “Legacy can confirm that von Essen hotels has acquired the Llangoed Hall Hotel in Brecon for an undisclosed sum.
“All the staff were transferred under TUPE (Transfer of Undertakings Protection of Employees) to von Essen hotels including the general manager Drayson Kohli.
“We took over the management of the hotel just over a year ago on behalf of the executors of the estate of the late Sir Bernard Ashley.
“We were appointed to stop the hotel from its historical position of producing operating losses to turn it into a profitable venue while preparing it to be marketed for a trade sale in conjunction with Simon Stevens at Christie and Co.
“Over the last 12 months we have generated a profit turnaround of a little in excess of £300,000 and we have been working closely with all the stake-holders in preparation for a smooth handover to von Essen hotels.
“This 23-bedroom hotel, 4 star deluxe hotel fits perfectly into the von Essen collection and I am sure it will continue to thrive under their ownership.
“I am delighted we have been able to secure yet another profit recovery and business turnaround for our client which maintains our reputation of being sector specialists in this field with banks, institutions and stakeholders.”
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