Key Points Revo Hospitality Group filed for insolvency under self-administration on January 16, 2026, affecting around 125 hotels and 5,500 employees in Germany and Austria. The company’s rapid expansion to over 250 hotels across 12 countries led to integration problems, rising costs, and liquidity issues, causing financial distress since September 2025. Revo aims to continue…
By Peter Drennan* When the High Court placed six Chance Voight (CVI) entities into interim liquidation on 9 December 2025, many observers noted the procedural similarities to the Du Val collapse of 2024. But as someone tracking these matters closely, I think the more interesting question isn’t whether the cases look similar, it’s whether Chance Voight…
Berlin, 20 Jan 2026, 17:20 CET Revo Hospitality has initiated insolvency proceedings under self-administration, affecting roughly 140 group companies and 125 hotels across Germany and Austria. The company says the affected hotels will remain open as restructuring continues through the summer. Revo manages hotels for leading global brands as well as its own labels, raising…
Jo Streeten, managing director at AECOM (Building + Places), said: “A fall in construction insolvencies this month, with levels lower than both last month and this time last year, is a surprising but welcome sign of stabilisation across the sector as we enter 2026. “Winter is always a challenging period, with fewer contracts being signed…
Hospitality group with 260 hotels files for Chapter 11 bankruptcy thestreet.com Read the original article here
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…
IFGL Refractories Discloses Material Subsidiary’s Auditor Insolvency Issue scanx.trade Read the original article here
‘Wave of bankruptcies’ in Germany Germany’s retail and wholesale landscape has been facing a sharp rise in business insolvencies, with traditional, long-established companies particularly affected. According to figures from the German Federal Ministry for Economic Affairs, the number of corporate bankruptcies…
20 January 2026 In 2025, the total number of company insolvencies registered held fairly steady in comparison with the previous year at 23,938. While the total number of company insolvencies in 2025 was similar to 2024, the number of compulsory liquidations reached 3,730 – its highest since 2012. Furthermore, the past four years have seen…
For decades, the world has been warned of a looming water crisis. A landmark report released today at the United Nations Headquarters argues that the time for “crisis management” has passed. The report, Global Water Bankruptcy: Living Beyond Our Hydrological Means in the Post-Crisis Era, is the outcome of an investigation led by Kaveh Madani,…