Hotel group Britannia Hotels has been touted as the favourite to win the race to buy holiday parks operator Pontin’s, which entered administration in November.
Administrators KPMG has said there are 10 parties vying to take the Southport-based operator out of administration.
Pontin’s operates five sites in the UK. KPMG announced last week that when it went into administration it had secured credit debt of £44 million and its unsecured debt was £3.6 million.
Britannia operates a number of hotels including the Adelphi Hotel in Liverpool and the Prince of Wales Hotel in Southport.