Creditors file €36 million in claims against Salzburg hotel project
Thursday 12th November 2026 on 16:45 in
Austria
Creditors have filed claims of around €36 million against the insolvent Am Goldeck hotel project, exceeding the previously estimated liabilities of €31.6 million, ORF reported. A claims review hearing was held at Salzburg Regional Court on Thursday.
The KSV 1870 said 22 creditors had registered claims, most of which the court has recognized. The building in central Salzburg is to be sold or auctioned. No investor has been identified, but an auction is scheduled for next Tuesday.
Unsecured creditors can expect only a marginal payout, if any, the KSV 1870 said.
The project at Rathausbogen, beside Salzburg’s State Bridge, was to renovate three listed historic buildings in the old town. Plans included a boutique hotel with 44 beds, offices, apartments and shops.
Work stopped in autumn 2024, shortly before completion, apparently because of outstanding claims. The project manager has been unable to find investors over the past two years.