STAFF have been stood down without pay at the Royal Hotel in Mornington after the company went into voluntary administration on Thursday.
Taylor Woodings Chartered Accountants has been appointed administrator of AMH&RAC Hotel Groups Pty Ltd, which took over the hotel in December.
Partner Ross Blakeley said he had to make the difficult decision to suspend trading while he sorted through the hotel's finances.
Mr Blakeley said 24 employees - nine full-time and 15 casual staff - had been stood down without pay. It was unclear what would happen with the hotel. "Recommencing trading is one of the options we will look at. At the moment, we are still gathering all the financial information."