Friday, November 15, 2024

Welcome to Yorkshire enters administration

Welcome to Yorkshire, the tourism agency, has entered administration following well-publicised legacy issues, the impact of COVID and difficulties securing sufficient funding from the public and private sectors.

Rob Adamson, Michael Kienlen and Daryl Warwick of Armstrong Watson LLP have been appointed as joint administrators of the company.

They intend to trade Welcome to Yorkshire for a period of time whilst they finalise a strategy to secure the best possible result for the creditors of the company.

In a statement, Peter Box CBE, chair of Welcome to Yorkshire, said: “It was with deep regret that last night the Board of Welcome to Yorkshire (WtY) took the decision to place the organisation into administration.

“The past three years have been incredibly difficult for Board members and staff as we have endeavoured to deal with well-publicised legacy issues.

“These matters, coupled with the impact of Covid and the task of securing sufficient funding from the public and private sectors to place WtY on a sound financial footing, have made the situation increasingly challenging.

“The de Bois review of Destination Management Organisations could have created the opportunity for WtY to be given the structure and long-term funding required to move on, grow and develop into the organisation we believe it should be on behalf of Yorkshire and its people.

“Sadly, the decision of the Yorkshire Leaders not to commit to a multi-year funding package, whilst understandable, removed that pathway and means that WtY cannot continue in its present form.

“Most importantly, I want to pay tribute to the team of talented and dedicated professional staff who have continued to do remarkable work in the toughest of circumstances to promote Yorkshire’s many attractions to the world. I offer my heartfelt thanks and wish them well in their future careers.

“I must also place on record my gratitude to those Board members who have remained with WtY, working selflessly in a collective effort to save the organisation from closure.

“It is my sincere hope that the public sector will recognise the value of a new regional Destination Management Organisation to build on the many achievements of WtY.

“This can offer our tourism industry the chance to move forward with a focused approach, deliver on regional priorities, and secure the best outcomes for everyone who visits, lives, works and studies in Yorkshire.”

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