Europe’s largest white-label operator, which operates more than 260 hotels across 12 European countries and 146 cities, has filed for insolvency. Revo Hospitality Group, formerly known as HR Group, was founded in 2008 and is set to be restructured under self-administration by the summer.
The move affects about 140 companies within the group, but all 125 hotels in Germany and Austria will remain operational with all 5,500 employees. Some of the other countries in which it manages hotels include France, the Czech Republic, Spain, Switzerland, Hungary, the Netherlands, and Italy. Revo operates a mix of hotels under major franchise brands such as Accor, Wyndham, Hilton, Marriott, and IHG, as well as its own brands, including Vagabond Club,…