Lindner Hotels Files for Self-Administered Insolvency to Restructure Operations

The German hotel chain faces financial struggles from high costs, pandemic aftereffects, and shifting travel trends, aiming to reach a restructuring plan by summer 2025.

• Lindner Hotels AG, operating 13 core properties, has filed for insolvency under self-administration to address financial challenges.
• The company cites high rental costs, rising energy and material expenses, and reduced business travel as key factors in its financial difficulties.
• Approximately 650 employees, including nearly 100 trainees, are affected, with operations expected to continue during the restructuring process.
• A court-appointed general representative and administrator will oversee negotiations with creditors, focusing on rent reductions and other cost-saving measures.
• The broader hospitality sector in Germany continues to face challenges, including labor shortages, inflation, and lingering effects of the COVID-19 pandemic.

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RP ONLINE Frankfurter Allgemeine Zeitung Stern