Breaking News: Revo Hospitality is insolvent
Europe's largest white label operator collapses – Shockwave in the market?
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Pullman Schweizerhof Berlin: Bookings are suspended
Accor's Pullman Schweizerhof hotel in Berlin is to be sold. Operator Revo Hospitality is fighting back. The 5-star hotel can no longer be booked on Booking.com or the Accor website. In addition, two top managers have left the company.
With the Pullman Berlin in the grip
Revo Hospitality, Europe's largest white label operator, is working on consolidating the company after the wave of takeovers in 2024. Since Monday, Union Investment has been offering the Pullman Schweizerhof Berlin property for sale. Revo, the tenant, has been given notice to quit. It is fighting back in court and does not want to move out. But there is also some positive news.
Pac-Man is still hungry
Which operators will still be available to hospitality investors as reliable partners in the future? A panel with the current Movers & Shakers on the hospitality stage at Expo Real - with Covivio, Art-Invest, Premier Inn, Revo, IHG, Motel One and Erste Group Bank - sought answers to this question.
HR Group is now Revo Hospitality Group
Only the holding company in the Netherlands still bears the abbreviation HRG in its name, otherwise the newly formed Revo Hospitality Group represents the entire hotel portfolio of the HR Group (or HRG).
Vienna House sells 22 leased hotels
Vienna. Corona forces a decision: Vienna House sells 22 lease contracts to two companies and will expand primarily as an owner-operator with property hotels in the future.