Resilient business models wanted

How is PRISM organised from an operational perspective? How is an Indian tech company taking over German hotels? In a bumpy and disorganised way is the answer. Suddenly, an auditor from India turns up unannounced in the lobby; ad hoc requests for system access are made; the hotel staff are frustrated; and those who have spontaneously been handed their notice at are still trembling.

The Indian technology platform PRISM is determined not to let this latest attempt at a stock market listing fall through. Their portfolio of physical hotels continues to grow rapidly. In Germany, it now has a solid foothold following Revo's insolvency with 24 properties. There remains a contrast: Tech generates revenue at the touch of a button, whilst European hotel standards require the operation to be delivered in person – on site, 24/7.

In the Revo Hospitality insolvency case, news is currently coming out through the back door. The new operators are gradually becoming clearer and the number of hotel contracts more specific. One surprise – alongside PRISM/OYO – is currently a bidder from Israel that is worth keeping an eye on.

Tuesday, 2 June 2026: At 10 a.m., the 450 employees at Revo Hospitality's headquarters were given notice of their dismissal. Thirty minutes later, the insolvency lawyers in charge issued a press release stating: "Five international hotel groups and investors are taking over almost all of the hotels." There are 120 of them. However, they do not mention the names of the groups. The lawyers are thus delaying the necessary transparency.