Insolvency shock: hotel group Alpine Family with 17 million euros in chalk!
Insolvency shock: hotel group Alpine Family with 17 million euros in chalk!
Wien, Österreich - The hotel operator company "Alpine Family" has filed for bankruptcy at the Vienna Commercial Court. The Dutch company Alpinfamily GmbH, which, among other things, leads the hotel brands "Avenida" and "Alpin Rental", recorded debts of 17 million euros. This step affects about 135 creditors and 73 employees who work in the companies at ten locations in Salzburg, Tyrol and Upper Austria.
The company's headquarters are located in Vienna, and despite the bankruptcy, Alpinfamily GmbH plans to continue operating. Comprehensive restructuring are provided to enable these measures. The salary payments to the employees are secured during the procedure and the company continues.
founds causes of bankruptcy
In recent years, the company has invested in its team and IT structures, but the integration of new companies has been slower than is sought. In addition, liquidity bottlenecks have burdened the financial situation of the company due to increased personnel costs, inflation and general price increases. Another factor was the noticeable decline in room elaborations, which occurred during a period described as "unexpectedly weak winter".
The Alpinfamily GmbH plans to offer its creditors a reimbursement of 20 percent of the debts, payable within two years. In the bankruptcy proceedings, 14 property shares, the value of which must be determined in the course of the procedure, must also be taken into account.
economic context
The bankruptcy of "Alpine Family" is divided into a coarser trend within the Austrian economy. According to business news, the provisional liabilities rose to a total of 2.04 billion euros in the first quarter of 2025, which corresponds to an increase of 6.9 percent compared to the previous year. A significant proportion of this insolvency volume comes from the Signa company conglomerate, which alone recorded 479 million euros in insolvency volume with Signa Prime CM 2017 GmbH.
Although there is a positive development in private confidence - a decline of 8.7 percent - the number of bankruptcy numbers is a sign of continuing economic pressure, in particular on certain sectors. Experts warn of a lack of economic policy support that would be necessary to achieve a rapid improvement in the overall situation. In particular in the federal states of Styria, Carinthia and Upper Austria, there were partly dramatic declines.
In this tense economic environment, the bankruptcy of "Alpine Family" shows the challenges with which many companies are faced. The ongoing uncertainty will continue to be a major challenge for numerous actors in the industry.
For more information you can use the articles on vienna.at , Salzburg.orf.at and DetailsOrt Wien, Österreich Quellen
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