
Hospitality: Insolvencies at record high
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Highest number of restaurant bankruptcies since 2011
More than 11,000 bankruptcies in six years: The crisis in the German restaurant industry is worsening. Many people are cutting back on dining out. A quick recovery is not in sight.
Revo: Transparency in small steps
Revo Hospitality Group currently operates around 220 hotels, it corrected after an inquiry from hospitalityInside. Today, we can provide additional transparency with a current list of around 150 insolvent companies! We also asked Anchor, a neutral insolvency law firm, whether the measures taken at Revo comply with standard procedures. And Wyndham admits to having invested $160 million in Revo.


