According to a media report, the German hotel chain Star Inn has filed for bankruptcy. The company apparently wants to renovate itself.
The Star Inn hotel chain has apparently filed for insolvency in self-administration at the Karlsruhe district court. This is what the “Süddeutsche Zeitung” wrote, citing a letter from the managing director to the employees. The reason is the effects of the corona pandemic. An employee of the chain on the phone did not want to comment on the report when asked by t-online.
The hotel chain operates more than 15 hotels, mostly in large German cities such as Munich, Frankfurt or Stuttgart. But the company is also active in Austria and Hungary.
The hotel chain announced in September that it would give up three hotels and sell them on. In the “Süddeutsche Zeitung” several bankruptcy attorneys expressed concerns about possible inconsistencies in the abandonment of these hotels. The Karlsruhe District Court is aware of these allegations and “will be included in the court’s review,” the report says.