Overview
- The Amtsgericht Charlottenburg appointed preliminary supervisors Lucas Flöther and Torsten Martini to oversee the parallel proceedings.
- Restructuring lawyers Gordon Geiser and Benedikt de Bruyn took over management for the process with a target to stabilize the businesses quickly and complete restructuring by summer.
- Revo operates about 250 hotels in 12 countries with roughly 5,500 employees, and the company says existing bookings remain valid as hotels stay open.
- Management cites sharply higher wage, rent, energy and food costs alongside rapid acquisition-driven expansion since 2020 as key pressures.
- Talks with potential international investors are underway, H-Hotels entities are included in the filings, and a separate Holiday Inn Express project in Kassel is reported on track by its owner as the insolvency status of Success Hotel Group remains unconfirmed.