Overview

• Lindner Hotels AG, operating 13 core properties, has filed for insolvency under self-administration to address financial challenges.
• The company cites high rental costs, rising energy and material expenses, and reduced business travel as key factors in its financial difficulties.
• Approximately 650 employees, including nearly 100 trainees, are affected, with operations expected to continue during the restructuring process.
• A court-appointed general representative and administrator will oversee negotiations with creditors, focusing on rent reductions and other cost-saving measures.
• The broader hospitality sector in Germany continues to face challenges, including labor shortages, inflation, and lingering effects of the COVID-19 pandemic.