Tendency negative Lawyers still see no right to rent reduction under corona
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Tendency: negative

Lawyers still see no right to rent reduction under corona

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Germany: Billions lost again - The fight continues

5.11.2020

Berlin. The struggle of the hotel industry and tourism is becoming increasingly precarious. The German Bundestag now wants to enshrine a ban on accommodation for all types of travel by law. The 2nd lockdown in November alone will result in a 10.2 billion loss of turnover. Step by step critical points start moving – again by the courts, not by the government. For example, a court finally announed state aid for medium-sized companies with 50 or more employees, and a regional court recognised the tenant's right to a substantial reduction in rent in the event of state-ordered closures.

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