Legacy Hotels and Resorts have been managing the venue for the past year.
"All the staff were transferred under Tupe (Transfer of Undertakings Protection of Employees) to Von Essen Hotels, including general manager Drayson Kohli," said Legacy Hotels and Resorts chief executive Andy Townsend.
"We took over management of the hotel just over a year ago, on behalf of the executors of the estate of the late Sir Bernard Ashley. We were appointed to stop the hotel from its historical position of producing operating losses, and turn it into a profitable venue while preparing it to be marketed for a trade sale in conjunction with Simon Stevens at Christie and Co."
"Over the past 12 months we have generated a profit turnaround of just over £300,000 and have been working closely with all the stakeholders in preparation for a smooth handover to Von Essen Hotels."
Llangoed Hall features a range of event spaces including the Orangery that has a capacity for 80 standing, and the Whistler Room which can host 25 guests for a reception.
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