Revo Hospitality Group has filed for bankruptcy in the Charlottenburg District Court in Berlin, Germany.
The Berlin-based franchisor, founded in 2008, manages more than 38,125 hotel rooms in approximately 260 hotels in 12 European countries. Brands managed include those from Accor, IHG Hotels & Resorts, H World International and Wyndham Hotel Group, among others.
Under German regulations, Revo has 40 days in which to seek new investment and to avoid insolvency. According to CoStar News Hotel’s German-language sister publication Thomas Daily, 125 hotels are named within the court papers.
Germany-based news source Hospitality Inside said Revo wrote in court papers that “with the economic crisis, 140 companies, including the management and holding company, got into difficulties. In particular, increased wage costs and the sharp rise in minimum wages, but also higher costs for rent, energy and food, are weighing on the business. Above all, the strong expansion of the Revo Hospitality Group in recent years led to duplicate structures and integration problems.”
Until April 2025, the hotel firm was named HR Group. Revo said the move is to “position itself as a full-service platform for brand management, hotel management and hospitality technology.” It also has several in-house brands — Aedenlife, Hyperion and Vagabond Club.
It added that the “launch of the new brand … marks the next logical step in HR Group’s rapid expansion. … This growth trajectory reached a milestone in 2025 with the acquisition of over 60 hotels from H-Hotels and 10 properties from H World International.”
That was one deal that quickly increased Revo’s portfolio but, so it referred to in court filings, might have been indicative of its move into “difficulties.”
Of its hotels affected, 125 are in Austria and Germany, but they remain in operation, according to news source Meyka, with the initial concern being interruption to fee payments to the major hotel brands that have their flags operated by Revo.
“Franchisors could see slower fee payments and higher receivables until restructuring is clarified,” Meyka added.
In September 2022, HR Group sold its Vienna House brand to Wyndham Hotels & Resorts for $44 million, the impetus being, according to Revo’s CEO Ruslan Husry, to accelerate the brand’s topline and room count.