The Star Inn hotel chain is insolvent. Because there is not enough money, all hotels will remain closed even after the lockdown. Seven locations in Germany are affected.
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The Star Inn hotel chain is about to end. Even after the corona lockdown, seven hotels in the Star Inn group remain closed because there is a lack of money.
“Neither landlords nor investors can calculate the situation at the moment. Because the requested state aid did not initially flow and was rejected immediately before the opening of the bankruptcy proceedings, it was not possible to continue the search for investors beyond February,” said insolvency administrator Tobias Hirte on Wednesday.
The houses in Karlsruhe, Stuttgart, Bremen, Heidelberg, Frankfurt, Regensburg and Unterschleißheim near Munich are affected. The Karlsruhe district court confirmed that the insolvency proceedings against Star Inn Deutschland GmbH and Star Inn Bayern GmbH had been opened at the beginning of March.
Around 120 employees affected by the closings were informed about the departure of the hotel group at a staff meeting, according to a message from the insolvency administrator. Three other hotels in the hotel chain, two in Munich and one in Dresden, were sold shortly before filing for bankruptcy.