All staff at a four-star hotel in Nottinghamshire have been made redundant after the business entered administration.
The Nottingham Belfry Hotel & Spa, on Mellors Way, had continued trading after administrators were appointed on 7 January. However, FRP confirmed that the hotel ceased trading with immediate effect on Tuesday (10 February).
Ian Corfield and Anthony Simmons of FRP were appointed as joint administrators of the company, which traded as Nottingham Belfry & Spa, on 7 January 2026.
In a statement sent to Nottinghamshire Live, FRP said: “It is with sincere regret that I must advise that the company, trading as Nottingham Belfry & Spa, entered Administration on 7 January 2026 with Ian Corfield and Anthony Simmons appointed as joint administrators.
“Subsequently, the company ceased trading with immediate effect on Tuesday, 10 February 2026.
“This has been an incredibly difficult situation for everyone involved, and the decision made by the administrators was not taken lightly.
“We completely understand how disappointing and inconvenient this news is for you. Please accept our heartfelt apologies for the disruption this may cause, especially given the short notice and the challenging circumstances.”
The hotel team also thanked partners and customers for their support over the years.
According to its latest accounts, the Belfry employed around 120 people.
Newly-filed documents from FRP relating to Delta Nottingham Hotel Limited show that, since 2021, the business had been profitable or break-even at an operational level but materially loss-making overall once rent liabilities were taken into account.
Significant quarterly rent payments had placed sustained pressure on cashflow, with the wider QHotels Group absorbing losses across the portfolio during that period. The hotel relied on financial support from the QHotels Collection to continue trading.
In October 2025, QHotels Group concluded it could no longer maintain that financial backing. Directors subsequently approached the landlord to explore either a restructuring of lease obligations or a consensual handback of the property. The landlord did not agree to either option.
Christie & Co was instructed in October 2025 to undertake a targeted marketing process for the business, but no offers were received.
Following the unsuccessful marketing exercise and stalled negotiations with the landlord, QHotels Group removed the company from the group in December 2025 in order to prevent further losses impacting the wider business and to mitigate potential exposure under the lease.
Without continued group support or a reduction in rent, directors determined that the company was unable to meet its liabilities as they fell due, leading to the appointment of administrators.
The directors first sought advice from FRP in June 2025, with matters escalating in September and October ahead of the formal engagement of FRP on 19 November 2025.
Deadline for bids for the hotel was Janaury 26, via Christie & Co.