The tourism downturn and heavy debts have sent the three-star Grandfield Pacific Hotel into liquidation. Yesterday a court issued a wind-up petition order on the Causeway Bay hotel, ending its year-long legal tussle with its landlord and main creditor. Alan Tang Chung-wah, a Grant Thornton partner and an agent to the hotel's provisional liquidator, said the wind-up resulted in about 30 job losses. Mr Tang, who was handling liquidation deals at KPMG until two months ago, was still finalising outstanding debts and remaining assets. He said a big chunk of the debts related to rental claims from its landlord. 'The rental in dispute is some tens of millions of dollars,' he said. They were at the heart of a bitter dispute between the hotel and its landlord, with the landlord moving to claim unpaid rent by seeking the hotel's winding up. The hotel had fought the wind-up petition, he said. 'The dispute, which was pretty complicated, got into the court. And now the hotel has ended up in liquidation,' he said. Located in a 20-storey building on Percival Street, Grandfield had managed to stay afloat until yesterday. Its demise came amid the slowdown in the tourism sector which has sparked fierce competition among local hotels. The Official Receiver was appointed as the provisional liquidator. In addition to Mr Tang, Grant Thornton director Alison Wong was appointed as an agent to the provisional liquidator.