Revo Hospitality Group, formerly known as HR Group, has filed for insolvency under self-administration at the Charlottenburg district court in Berlin. The German hotel group, founded in 2008, operated over 260 hotels across 12 European countries and 146 cities, employing around 8,300 people.
Around 140 companies within the group are affected by the insolvency filing. However, approximately 125 hotels in Germany and Austria are expected to continue operating with all 5,500 employees while the rest of the group undergoes financial restructuring. The proceedings will be supervised by court-appointed administrators.
Revo cited increased wage costs, higher costs for rent, energy, and food as weighing heavily on the business. The group also acknowledged that its rapid expansion in recent years—growing from just 51 hotels in 2020—led to duplicate structures and integration problems.
Many of Revo's hotels operate under major global brands including Accor, Wyndham, Hilton, Marriott, and IHG. Popular properties include the Grand Belvedere in Davos and the Pullman Berlin Schweizerhof in Berlin.
The collapse follows a trend in the hospitality sector, with short-term rental platform Sonder initiating liquidation of its US business in November after Marriott ended its licensing agreement.
