Major European hotel operator collapses into administration
Briefly

Major European hotel operator collapses into administration
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"Revo was founded in 2008 and became Europe's biggest white-label (third-party) operator, with a portfolio of over 260 hotels and around 8,300 employees in 12 European countries and 146 cities. Around 140 companies within the German hotel group are affected. Several of the group's hotels sit under major global brands, including Accor, Wyndham, Hilton, Marriott, and IHG. The hotel group will enter into voluntary insolvency, with plans to restructure under self-administration this summer."
The Independent emphasizes on-the-ground reporting across issues like reproductive rights, climate change, and Big Tech and solicits donations to fund journalists while keeping content free of paywalls. The outlet investigates financials and produces documentaries such as 'The A Word' to highlight American women fighting for reproductive rights. Revo Hospitality Group, formerly the HR Group, filed for insolvency under self-administration at Berlin's Charlottenburg court. Founded in 2008, Revo expanded into Europe's largest white-label operator with over 260 hotels and about 8,300 employees across 12 countries and 146 cities. Around 140 companies are affected and a restructuring is planned this summer, with 125 hotels in Germany and Austria expected to continue operating.
Read at www.independent.co.uk
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