Branston Hall Hotel, located three miles south of Lincoln, has been placed into administration.
Administrators from RSM have been appointed in a move that will impact all staff.
Once a stately home for the Melville family, Branston Hall Hotel hosts 53 guest bedrooms and sits within 88 acres of English parkland and lakes.
In a statement on social media the hotel said: “We are utterly heartbroken to announce that Branston Hall Hotel, the company that is owned by South Spring Limited has now been placed into administration.
“Any enquiries should be directed to RSM Restructuring Advisory LLP, 3 Hardman Street, Manchester, M3 3HF.
“We ask that you do not attempt to contact the Hotel as it is only Security Personnel on site who would not be able to advise you.
“All staff have been affected by this and will not have any more details other than to advise you to contact RSM.
“Once a company has been appointed to look after the affairs, the account will be passed onto them to be able to assist you with all your enquires. […] We’d like to thank every single guest who ever visited our hotel, everyone who supported us and to everyone that has sent us kind messages and well wishes.
“This is devastating for every member of staff that have been at the hotel for so many years and to those who worked so hard to try and get Branston Hall open again.”