Turn Around, page-13

IMO some of your details appear relevant, while others not.

SIV do not pay for equipment until the customer has received it. Therefore this situation is really nothing to do with them. The real issue with Southern Hospitality in administration would be between the administrators and the mix of secured and unsecured creditors, which would include a lot of equipment manufacturers and importers, and also with any customers who have paid deposits or pre-paid orders who may now be at risk of not receiving their goods. 

I see the links you are trying to make and although this has no impact on SIV, I do think this event supports your position that the hospitality industry is fragile. However, it always has been. So the real question is whether or not it is more fragile now than in previous years/decades.