Luxury hotel Kitley House goes into administration
A luxury hotel based in a 500-year-old grade I listed building in south Devon has gone into administration.
Kitley House Hotel in Yealmpton was said to have "suffered greatly from the downturn in the leisure industry".
Administrators Begbies Traynor said the hotel would continue to trade and it was looking for a buyer.
The hotel which offers luxury accommodation is a popular wedding venue and has gardens listed as a Devon County Wildlife Site.
Begbies Traynor said: "The administrators will continue to trade the hotel as a going concern, working to find a buyer for the business and save around 40 jobs."
It added that people who had paid deposits to the hotel should contact it and it would "endeavour to honour all bookings".