A nightclub that "attracts thousands of visitors to Bournemouth town centre’s nighttime economy" will remain open after a national restructure by operator Rekom UK that called in the administrators as part of a major restructuring.
Cameo, which employs 61 staff, attracts thousands of visitors to Bournemouth town centre’s nighttime economy.
Operator Rekom UK said the club also contributes to other businesses with extra trade, including taxis, takeaways and cars.
Managing director Russell Quelch said:
“We are thrilled that Cameo and Myu will be part of our business moving forward and we look forward to the venue continuing to play a key role in Bournemouth’s late-night economy.”
Last month it was revealed that Rekom was planning to draft in administrators as part of a major restructuring which could see a number of venues shut their doors for good.
The company said it comes after an “extremely difficult” year for the late-night sector amid pressure from the cost-of-living crisis and surges in the costs of energy and goods.
Peter Marks, Rekom’s chairman, said a notice of intention gives the business “breathing space and protection” to work with lenders, landlords and other stakeholders on a potential restructuring plan.
Mr Quelch added:
“The restructure puts the national business on a stronger footing and allows the UK team to focus on key growth opportunities.
“Cameo and Myu Bournemouth will form part of this strategy as we look to develop our businesses in key locations and expand our cluster offering.”
Rekom runs around 35 clubs and 12 late-night bars across the country, including brands Atik and Pryzm.
The business had been run as Deltic Group before it tumbled into administration in late 2020 following the impact of the Covid pandemic and was bought by Scandinavian nightclub operator Rekom.