The Monarch Hotel GmbH was founded on July 26, 2004 and is headquartered in Bad Goegging. The company's purpose is the acquisition and operation of hotel, spa and restaurant businesses; the management report specifically identifies the conference/event/congress market, the local business travel market, the leisure market for individual travelers and the coach/tour operator market. The company's strategy aims to provide a versatile offering at reasonable prices with high quality to increase awareness and market penetration and to achieve a high level of guest satisfaction. In fiscal year 2023 the average number of employees was 155.25 and the company is a 100% subsidiary of Refad Hotels Corporation B.V., which is included in the consolidated financial statements of First Hotels Group Limited.
Der Erwerb und das Betreiben von Hotel-, Kur- und Gaststättenbetrieben
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Regensburg Local Court, HRB 9455 (as of 31 October 2026)
| Name | Type | City |
|---|---|---|
| Slobodan Gelevski | Geschäftsführer(in) | Fintas |
| Michael Lopacki | Geschäftsführer(in) | Aichwald |
Source: German Commercial Register (Handelsregister) Regensburg Local Court, HRB 9455 (as of 31 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 16.09.2011 | Business Address Registered | Kaiser-Augustus-Straße 36, 93333 Bad Gögging |
| 29.07.2004 | Company Name Registered | The Monarch Hotel GmbH |
| 29.07.2004 | Registered Seat | Bad Gögging |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 29.07.2004 | Share Capital Set | — | 25.000 € |
Source: German Commercial Register (Handelsregister) Regensburg Local Court, HRB 9455 (as of 31 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | Rohergebnis€8.5M2 | -€2,070,329 | €53,644,379 | — |
| 2023 | Rohergebnis€8.3M2 | -€2,097,100 | €52,485,321 | — |
| 2022 | Rohergebnis€6.9M2 | -€1,778,415 | €50,933,558 | — |
| 2021 | Rohergebnis€5.9M2 | -€1,157,106 | €49,746,720 | — |
| 2020 | Rohergebnis€5.5M2 | -€1,515,527 | €48,755,701 | — |
| 2019 | Rohergebnis€7.5M2 | -€2,074,670 | €46,702,313 | — |
| 2018 | Rohergebnis€7.7M2 | -€1,629,977 | €45,228,334 | — |
| 2017 | Rohergebnis€7.5M2 | -€1,757,651 | €44,069,150 | — |
| 2016 | Rohergebnis€7.9M2 | -€1,815,768 | €43,013,581 | — |
| 2015 | Rohergebnis€7.6M2 | -€1,775,462 | €41,661,923 | — |
1 Small companies are not required to publish a profit-and-loss statement (§ 326 (1) HGB). The figure shown is the statutory ceiling under § 267 HGB where the balance-sheet total makes it binding — a company may exceed at most one of the three size criteria.
2 Rohergebnis nach § 276 HGB: Umsatzerlöse abzüglich Materialaufwand bzw. Herstellungskosten. Kleine und mittelgroße Kapitalgesellschaften dürfen diese Posten zusammenfassen; die Umsatzerlöse selbst sind dann nicht veröffentlicht und liegen über dem Rohergebnis.
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Source: German Commercial Register (Handelsregister) Regensburg Local Court, HRB 9455 (as of 31 October 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €5,218,618 | 75.6% |
| Depreciation | €694,488 | 10.1% |
| Interest & Similar | €989,716 | 14.3% |
