Oxford No. 1 Hotel urges public to ignore reports of receiver takeover

In a press release issued on July 23, 2026, the management described media reports suggesting that possession of the hotel had been handed to a receiver appointed by Cola Holdings Ltd as misleading.

Appeal underway The statement disclosed that Cola Holdings Ltd subsequently obtained a court order on July 21, 2026, appointing a receiver to take possession of the hotel.1 Hotel has rejected reports that the facility has been taken over by a court-appointed receiver, insisting that the hotel remains under the possession and control of Kensington Residential Partners 1 Limited (KRP1 Ltd) and continues to operate normally.