Ernst & Young (E&Y), has announced it has sold the business and assets of six hotels previously operated by London & Edinburgh Swallow Group (LESG) to Halco 1361. E&Y said the move would safeguard 400 jobs. Roy Bailey, one of the joint administrators, said: “We are delighted to have been successful in selling a further six properties and securing jobs of employees at these sites. We are continuing our efforts to save the rest of the business.” E&Y yesterday announced the closure of 20 hotels and managed pubs previously operated LESG. The administrator said that it had explored every possible avenue to save the sites in question, which include 15 pubs and five hotels, and that unfortunately no buyers had been found. Last week, Ernst & Young announced sale of the business and assets of 240 hotels and pubs previously managed by London & Edinburgh Swallow Group (LESG) to Flodrive Group and “its joint venture partners”. The deal is subject to contract. The closure of the 20 units and the sale of the six properties to Halco 1361 still leaves more than 370 sites – a mix of pubs and hotels – with administrators.