Europe’s largest white-label hotel operator has filed for insolvency due to rising costs, with 125 hotels in Germany and Austria remaining open
A prominent hotel operator across Europe has declared insolvency, raising serious questions about the fate of its properties throughout the continent.
Revo Hospitality Group, previously operating under the name HR Group since its establishment in 2008, stands as Europe’s biggest white-label hotel operator – essentially a third-party management firm that oversees hotels on behalf of owners without deploying its own branding, reports The Express.
The company manages over 260 hotels spanning 12 European nations and 146…