No. 1 Oxford Street Hotel Owners Break Silence After Reports That The Property Has Been Taken Over

According to the statement, the hotel remains under the possession and control of its management and directors, insisting that operations have not changed despite the recent court ruling.1 Oxford Street Hotel has finally responded after reports emerged that a Commercial High Court in Accra granted police assistance to UK-based Cola Holdings Limited and its appointed Receiver to take possession of the luxury property.

In a press release dated July 23, 2026, Kensington Residential Partners 1 Limited (KRP1), the company behind the hotel, dismissed reports suggesting that the Receiver has already taken control of the property.