Revo Hospitality Group, Europe's largest white-label hotel operator, has filed for insolvency under self-administration. The company, which runs over 260 hotels across 12 European countries and 146 cities, will undergo restructuring overseen by court-appointed administrators from the Charlottenburg District Court.
The group, previously known as HR Group, was founded in 2008 and has grown rapidly, particularly from 2020 onwards, expanding from 51 to 250 hotels. It now generates €1.3 billion (£1.1 billion) in annual revenue and employs around 8,300 staff across Europe. However, the aggressive expansion has led to duplicate structures and integration problems, exacerbated by rising costs for wages, rent, energy, and food.
Approximately 140 companies within the group are affected by the insolvency filing. However, all 125 hotels in Germany and Austria will continue operating with all 5,500 employees. The group operates hotels under major franchise brands such as Accor, Wyndham, Hilton, Marriott, and IHG, as well as its own brands including Vagabond Club, Hyperion, and Aedenlife.
Revo Hospitality cited increased wage costs, a sharp rise in minimum wages, and higher operational expenses as key factors in its financial difficulties. The group stated that new acquisitions involved considerable costs, while overnight stays did not increase as expected, leading to missed revenue targets for 2025.
Restructuring experts Dr Gordon Geiser and Dr Benedikt de Bruyn have been appointed to stabilise operations and develop a restructuring strategy. The firm has also sought advance funding for wages from the Federal Employment Agency for the period from January to March 2026.
