The 35-bedroom Ellington, which featured an Albert Roux restaurant, was launched with great fanfare in September 2008 under the management of Pantin Hotels.
However it soon became a high profile casualty of the recession after its owner City Retreats went into administration the following February.
Ownership of the site then reverted back to the Royal Bank of Scotland via holding company West Register.
Bespoke has been brought in by the bank to relaunch the property, dubbed The New Ellington, this summer, although it will no longer feature a Roux branded restaurant.
Robin Sheppard, managing director of Bespoke, told BigHospitality: “The Ellington was a laudable concept but the timing, with the recession, was sad.
“We’ve freshened up the hotel interior and will relaunch with a lively, funky and cheaper restaurant than what was there before, as we aim for it to be a repeat, not treat, destination for diners in Leeds.”
Bespoke projects delayed
The company has just opened the Corwall Hotel Spa and Estate in the West Country, but two of its other major projects have been delayed with the Layla Hotel, Club & Spa in Liverpool, due this autumn, now on hold due to a funding shortfall.
Greenwich Market Hotel, which is part of a mixed-use redevelopment in the London Borough, has been held up at the planning stage and is unlikely to now meet its 2011 launch date.