The managing director of a luxury serviced apartments company has revealed why the business was forced to close, with the loss of up to 25 jobs.
David Cahill confirmed that You Are Home has now shut its doors and went into liquidation on Friday, January 14.
The company, which had four sites in Manchester, Liverpool and MediaCity, provided accommodation to production crews for TV shows such as Coronation Street and The Circle as well as for BBC Sport.
READ MORE: Online sales boost revenue and profits at retail giant Matalan
Speaking to BusinessLive, Mr Cahill said all of the company's employees have been made redundant.
He added that the firm, which also provided accommodation for business travellers, said the market "did not return" in 2021 as much as it needed to for the company to continue.
Mr Cahill said that while it was "slowly but surely" improving towards the end of the year, it had not returned enough by December.
You Are Home was founded in 2019 and also worked with crews of The Rising, The Bay and Brassic.
In a statement on LinkedIn, Mr Cahill said: "I'm sad to say that unfortunately YAH shut its doors on 23rd December and went into liquidation on Friday.
"Thank you to everyone who was part of the journey. Whilst it didn't work in the end we had a brilliant run in some of the most challenging times in the travel industry!
"I'll be taking some time out over the next few weeks however watch this space for what comes next."
