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29 January 2015

CEO comments on Ten Square Belfast going into administration

20/01/2015

Following the news that Ten Square Hotel, Belfast, has gone into administration, Colin Neill, Chief Executive of Pubs of Ulster commented:

“The news that Ten Square has gone into administration is very disappointing and despite recent reports that Northern Ireland’s pubs and restaurants are at a lower risk of insolvency than their UK counterparts, we can see that the hospitality industry is still facing significant challenges.

Hotels in particular operate in a very competitive and ever-changing marketplace. I am glad to hear the business will continue to operate as normal until a resolution can be found and I would be hopeful that the business itself would present a promising opportunity because of its prominent city centre location and the fact that it has traded very well for many years.”

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