Closures and mergers on the way

Berlin. In mid-January this year, seven larger German hotel groups documented their hardships since Corona in facts and figures to Economics Minister Dr Robert Habeck. Since February, there have been several responses to this from several levels of government, but all with the same negative conclusion: the subsidy cap for the large medium-sized enterprises will not be lifted under any circumstances. Yet the government would have the power to do just that - even without the EU. Since May it has been clear: the doors in Berlin have been slammed shut. But not everyone wants to put up with that.

Neuss. The big pandemic-related wave of company insolvencies in Germany continues to be absent. Nevertheless, there are negative trends that could only become noticeable at the end of the year or New Year. But two hospitality lawyers do not see a wave or a tsunami.