Hotel operator Pocotel Glasgow in administration

The operator of a Glasgow city center hotel has fallen into administration this week, with trading now halted and all staff made redundant.

Derek Forsyth and Nicola Banham, partners of Azets, have been appointed joint directors of Bracknell Property LLP and Bracknell Property Subco Limited.

Bracknell Property LLP has an interest in the lease of 139-141 West George Street Glasgow, a prominent city center building which operated as a hotel business under the Pocotel Glasgow City Center brand. Bracknell Property Subco Limited has sold the hotel, which has 91 bedrooms, two conference rooms, a restaurant and a lobby bar.



EDINBURGH-based Apex Hotels recorded pre-tax losses of £16.4million for the year to April 30, 2021, a period dominated by restrictions and closures triggered by the coronavirus pandemic.

HeraldScotland: Angela Vickers, of Apex Hotels.Angela Vickers, of Apex Hotels.

The business, which is owned by the Springford family and has 10 hotels and 920 staff, had made a profit of £7million in the previous 12 months.


PLANS to develop the giant Cambo field off Shetland are set to be revived after an Israeli-owned company acquired the company leading work on the controversial project.

HeraldScotland: The company said the acquisition would position it as one of Britain's leading North Sea oil and gas operators.The company said the acquisition would position it as one of the UK’s leading North Sea oil and gas operators.

Ithaca Energy has agreed to buy Siccar Point Energy in a deal worth up to around $1.5bn (£1.125bn).


One of Britain’s largest holiday park groups, Park Holidays UK, has been acquired by US property investment company Sun Communities Inc.

HeraldScotland: Sun is one of the largest owners and operators of manufactured homes, recreational vehicles and marinasSun is one of the largest owners and operators of manufactured homes, recreational vehicles and marinas

Sun’s support will allow Park Holidays UK, which currently owns and operates 42 parks in England and Scotland, including Ayrshire and Lossiemouth, to continue to invest in its existing high-quality holiday resorts and expand further. its portfolio of parks, it is claimed.


A CONSULTATION is underway on plans for a 200 bedroom hotel on the A8 at Edinburgh Airport.

HeraldScotland: The team includes Creos, HLM Architects, Montagu Evans, Will Rudd Davidson, Harley Haddow and Turner and Townsend.The team includes Creos, HLM Architects, Montagu Evans, Will Rudd Davidson, Harley Haddow and Turner and Townsend.

Creos plans to create a “historic hotel” on the East Mains site, in Ingliston. The eight-story four-star hotel should also have a “sky bar”.


Insight, opinion, analysis


Ian McConnell Wednesday: These are blows to Scotland’s standing and should be seen as such

Mark Williamson: SNP government’s wavering bid to create green jobs could be derailed by EU

Ian McConnell Friday: Why did those Tory Brexiters think it was a good idea?

Brian Donnelly: Tycoon will ‘support’ Scottish Government contractor role

HeraldScotland:

About Mary Moser

Check Also

Rising interest rates ‘will add nearly £600 a year on average to some mortgages’

Mortgage borrowers whose deal directly follows the base rate will see their payments rise by …