Birmingham Hyatt hotel freehold owner in administration
The owner of the freehold to a hotel in Birmingham is in administration.
Hyatt Regency Birmingham Limited owns the freehold to the hotel on Broad Street in the city centre.
The hotel is operated by Hyatt Holdings (UK) Limited, which is not in administration.
Administrator Ernst & Young said it would work closely with the operating company to ensure "it is business as usual while we seek a buyer for the hotel as a going concern".
All bookings would be honoured and there would be "no impact to the day-to-day running of the hotel", it added.
Joint administrator Diana Frangou said: "We have the full co-operation of Hyatt Holdings (UK) Limited."
The firm operates the hotel under a long-term hotel management agreement.
Hyatt Regency Birmingham Limited is not part of the Hyatt group of companies and no Hyatt entity is in administration, Ernst & Young said.