A major hospitality group that operates hotels at a number of beloved holiday destinations has filed for insolvency.
Revo Hospitality Group, formerly known as HR Group, is the largest white label hotel operator in Europe and manages a portfolio of 260 hotels across 12 countries and 146 cities.
The group operates hotels under major international brands including Accor, Wyndham, Hilton, Marriott and IHG, as well as its own brands Vagabond Club, Hyperion and Aedenlife.
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In a statement, according to the Scottish Sun, the group said: “Around 140 companies belonging to the Revo Hospitality Group have filed for insolvency under their own management at Charlottenburg District Court.
“The approximately 125 hotels in Germany and Austria…