Luxury hotel brand The Crazy Bear acquired after administration

Summarised from 2 outlets · Updated 8 Nov, 06:06 · Archive

The Crazy Bear hotel chain has been sold to pub company Brakspear after entering administration with over 100 jobs lost.

The Crazy Bear hotel chain has been sold to historic pub company Brakspear following its entry into administration last week. The sale affected luxury hotels in Stadhampton and Beaconsfield, with bookings cancelled and over 100 jobs lost.

Brakspear, established in the 18th century and operating over 100 pubs across the UK for more than two centuries, intends to undertake refurbishment works at the acquired sites. The company plans to reopen the Beaconsfield location in the latter half of 2027 as part of its Honeycomb Houses division. The Stadhampton branch, which has welcomed guests since 1993, currently stands at 18 rooms and features a 16th-century pub, secret garden, woodland, and a restaurant recently given a 5-star review. The future of the Stadhampton property has not yet been decided.

Staff learned of the situation suddenly when called to a meeting and sent home. One anonymous staff member said they had been aware of money problems in the preceding weeks. Kiri Holland, joint administrator and partner at BDO, attributed the chain's failure to 'challenging market conditions' affecting the business.

How it is being reported

• UK luxury hotel brand's new owners revealed as bookings cancelled and jobs lostAfter the administration of a UK hotel brand, which led to bookings being cancelled and jobs lost, its new owners have been announced.Oxford Mail · 8 Nov, 05:00
• UK luxury hotel brand's new owners revealed as bookings cancelled and jobs lostAfter the administration of a UK hotel brand, which led to bookings being cancelled and jobs lost, its new owners have been announced.Oxfordshire Guardian · 8 Nov, 05:00

In this story: The Crazy Bear · Brakspear · Stadhampton · Beaconsfield · Kiri Holland

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