Administrators of a South Shields seafront hotel say they will aim to honour bookings and events after the business went bust, putting nearly 100 jobs at risk.
The Sea Hotel, which overlooks Ocean Beach Pleasure Park and is opposite South Marine Park, underwent extensive refurbishment only four years ago after new owners High Street Hospitality - later renamed The One Collection Leisure Ltd - took over the venue in a £1m deal. Around 95 jobs are now under threat as administrators say it is unclear whether there will be redundancies.
Lee Lockwood, a partner at RSM UK and joint administrator said a rescue buyer is now being sought for the Best Western-run hotel, which received a £750,000 upgrade in 2018. The changes at the time included the addition of a Latin American-themed bar and kitchen – with live music and dance classes - a sports bar, a fish and chip takeaway and a coffee outlet.