Luxury UK hotel collapses into administration
A luxury hotel group has collapsed into administration, cancelling all bookings at its two UK sites. The Crazy Bear, known for its eclectic decor including velvet walls, mirrored ceilings and quilted walls, appointed administrators on October 27.
TL;DR
- The Crazy Bear hotel group has been placed into administration, with immediate effect.
- Both UK sites, in Beaconsfield and Stadhampton, are closed.
- All event, room, spa, and restaurant bookings are cancelled.
- Gift vouchers are no longer valid.
- This is the second administration for the hotel chain, following a previous collapse in December 2024.
- Employees at the Stadhampton branch have lost their jobs.
- The company experienced financial struggles in recent weeks.
- The hotel group is known for its distinctive, eclectic decor.