The Ramsay Arms Hotel in Fettercairn announced it has made the “extremely difficult decision” to cease trading with immediate effect.
The hotel cited a lack of financial assistance amid the ongoing coronavirus crisis as the main reason for its temporary closure.
Nonetheless, its management is looking to reopen the hotel after the crisis has eased, and said that normality may be resumed “in the distant future”.
In a statement, management said: “Despite numerous phone calls and emails, and assurance from the government, financial assistance from the bank has not been forthcoming.
“This decision has been made in order to place The Ramsay Arms Hotel in the best position possible to reopen and resume some sort of normality in the distant future.”
It added: “It is quite likely that the hospitality industry, as one of the first sectors to close, may be among the last to reopen.
“This is not the end of The Ramsay Arms Hotel and we look forward to serving our loyal customers once again. It’s not goodbye, only see you later.”
It also features a function room frequently used for conferences, club functions, private dining, anniversary celebrations, birthday parties and weddings.