Overview
- The company sought Eigenverwaltung for roughly 140 entities at the Charlottenburg court, with GT Restructuring’s Gordon Geiser and Benedikt de Bruyn taking over management of the affected companies.
- About 125 hotels in Germany and Austria continue to operate with roughly 5,500 employees, and a request was filed for salary pre-financing covering January through March 2026.
- Management describes the process as geared to a rapid turnaround, with an international investor search in progress and a target to stabilize by summer 2026.
- REVO operates around 250 hotels across roughly a dozen European countries under its own brands and as a franchisee for major chains such as Hilton, Accor, Marriott, Novotel and Ibis.
- Industry reports say some REVO-run Mercure, Mövenpick and Pullman properties are temporarily unavailable on Accor systems and major booking platforms, pointing to distribution disruptions.