STAFF at Dunoon’s landmark McColl’s Hotel were summoned to a meeting at noon today (Monday) to be told they no longer had jobs to go to.

The company behind the art deco hotel went into administration recently and the administrators found, after examining the books, that it was simply not worth carrying on with the company, despite the bumper weekend’s takings associated with Cowal Games being less than two weeks away.

It is understood that no future bookings will be honoured, including that of the Islay Pipe Band who had hoped to stay at McColl's to compete in the Cowal Games.

The same fate befell the company’s other two operations, a hotel in Torquay and a bar in the Black Country.

A spokeswoman for joint administrators  BDO LLP said today: “After a review of the operations it was apparent that continuing to trade would have incurred substantial losses.
“Regrettably, both hotels and the bar have ceased trading with immediate effect and 58 staff employed across the three sites have been made redundant. Two staff have been retained to assist in an orderly wind down.”

James Stephen, BDO business restructuring partner, said:  “Unfortunately the economic climate and difficult trading conditions have significantly affected the industry.”

See this week’s Dunoon Observer for full analysis and reaction.

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