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Regent Inns goes into administration

By Becky Paskin , 21-Oct-2009

All but three Walkabout sites have been rescued from administration by Intertain

All but three Walkabout sites have been rescued from administration by Intertain

Regent Inns, the operator of Walkabout, Old Orleans and Jongleurs, has gone into administration, with 60 sites emerging under a new company, Intertain

Regent Inns , the operator of Walkabout, Old Orleans and Jongleurs, has gone into administration, with 60 sites emerging under a new company, Intertain.

 

Run by Regent’s previous management, chief executive John Leslie, strategy and business development director Mike Dowell, who formerly ran Pitcher & Piano, chief operating officer Simon Kaye and chief financial officer Mike Foster, Intertain will continue to employ the 1,800 people working across the remaining 60 sites.

 

Three Walkabouts, including the Shaftesbury Avenue site, five Jongluers and a Quincey have been left behind in administration. Also left behind are 20 sub-let sites on which Regent was paid rent ‘occasionally’.

 

Regent’s administration closely follows that of Merchant Inns , who are still seeking buyers for six nationwide sites.

 

For the full story from the Morning Advertiser, click here.