HR Group is now Revo Hospitality Group
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HRG signs two more deals
The next two acquisitions that the HR Group has just officially announced have been delayed, but the group continues to grow massively with the signings last week and this week: HRG founder & CEO Ruslan Husry is taking over 10 of the 23 planned Intercity/Steigenberger Hotels and the H-Hotels Group with 64 hotels.
Ruslan Husry, HR Group prepares further acquisitions
Ruslan Husry is a deal maker and wants to stay one: HRG's expansion list includes two more acquisitions by the end of the year. More will follow. "We are transforming HR Group to become a global hospitality leader. Now is the best time to grow."
The Deal Maker
Berlin. From a German to a European to a global group: The Berlin HR Group is once again accelerating its expansion course and grows to 145 hotels and 20 signed projects with the triangular deal around HRG, Vienna House and Wyndham announced yesterday. It implies share transfers, property changes, a brand sale, a franchise agreement and a tricky ownership and operator structure. And all this between four countries: Thailand, Austria, Germany and the USA. This deal is hard to understand in two minutes.
HR Group acquires Vagabond Club Hotels
The Berlin-based HR Group (HRG) is expanding its portfolio in the luxury segment by acquiring the Austrian boutique hotel group Vagabond Club with four hotels.
Party every day?
Leipzig. With the experienced resilience during the last two years of the pandemic, providers of serviced apartments continue to experiment confidently with new concepts. In Leipzig, several "New Kids on the Block" introduced themselves. Their main topics were about hybrid as well as Gen Z concepts, B and C locations as well as the ongoing topics of health and senior living.