Hotel Group Bankruptcy: 5,500 Jobs Lost in Germany and Austria

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<a href="https://rhg.al/portfolio/" title="Portfolio - Revo" rel="noopener">Revo Hospitality Group</a> Files for Insolvency

Revo Hospitality⁤ Group Files for Insolvency, Operations to continue

Published:⁤ 2026/01/20 06:36:31

A major European hotel operator, Revo Hospitality Group, has filed for insolvency proceedings covering approximately 140 companies. Despite the filing, the group has stated⁢ that its hotels will continue to operate for the time being. The insolvency affects over 100 establishments and around 5,500⁤ employees across Germany and Austria.

Insolvency Filing ‍Details

The insolvency filing was made at the Charlottenburg district court in ⁣Germany. The proceedings encompass roughly 140 group companies, including 125 hotels in Germany and Austria. Kleine Zeitung first reported the news.

Reasons⁤ for Insolvency

The primary driver behind the ⁤insolvency filing is attributed to a rapid expansion‍ strategy undertaken since 2020. The group’s hotel portfolio grew from 51 to approximately 250 properties during this period. This expansion involved significant costs,⁤ and the anticipated increase in overnight stays and revenue for 2025 ⁣did not materialize. The company is ⁣now actively seeking international investors to restructure and recover.

Operational Impact and Staffing

Revo Hospitality Group has assured that all properties are intended to remain operational during the insolvency proceedings. ‍The company has also applied for advance financing of wage payments ⁣for January to March ⁢2026 from Germany’s employment agency (Agentur⁣ für arbeit) to ensure continued staff compensation. Kleine Zeitung reported this detail.

Austrian Properties Affected

Revo’s ⁣portfolio⁢ includes hotels in Austria, notably the Amedia⁣ Express ‍Graz Airport (Trademark Collection by Wyndham) and the Amedia luxury Suites ‍in ⁢Graz. While the company has stated ⁢operations will continue, the specific Austrian properties directly impacted by the insolvency filings remain ‍initially undisclosed.

Brand Portfolio

Revo operates hotels under its own brands,

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