Ibis Styles hotel in Bournemouth sold out of administration

Coast Accommodations and Leisure has been rescued, following a interval of buying and selling in administration. Joint directors from RSM have sold the corporate and belongings to Change Administration.

Situated in the East Cliff space, Coast Accommodations and Leisure Restricted operated the 78-bedroom Ibis Styles Hotel Bournemouth. Because the UK’s hospitality sector suffers hangovers from the pandemic period, the corporate confronted appreciable monetary challenges, which led to the appointment of the directors on 8 January 2025.

The sale to Change Administration, a property administration firm with experience in hospitality and housing, will make sure the continuity of operations and protect the hotel’s place throughout the native hospitality market. As well as, the deal will safeguard the employment of roughly 30 employees, who’ve transferred to the brand new operator as half of the transaction.

John Angus, managing director at Change Administration, commented, “We’re delighted to have acquired the Ibis Styles Bournemouth and stay up for constructing on its established repute. The hotel has a robust basis and an vital function inside Bournemouth’s hospitality market. Drawing on our in depth administration expertise, we’ll preserve the excessive requirements company count on, ship distinctive service and create long-term worth for the enterprise, its workers and its company.”

The deal marks Change Administration’s second hotel buy in Bournemouth, following its acquisition of the Queens Hotel & Spa Bournemouth out of administration, which reopened in April 2026 following a £2 million funding programme.

The method was overseen by Glen Carter and Damian Webb, who served as joint directors of Coast Accommodations and Leisure.

Carter added, “In what continues to be a difficult marketplace for the hospitality sector, we’re happy to have secured a future for the hotel. Not solely does this transaction make sure the continued operation of the enterprise, it additionally saves round 30 native jobs. The continuing help of the workers all through the administration course of has been distinctive and we want the entire staff one of the best of luck transferring ahead.”