Qbic London City Hotel

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Qbic London City Hotel - overview

Location

London, England, UK

Primary Industry

Travel & Leisure

About

Qbic London City Hotel is a hospitality provider focused on offering unique, eco-friendly accommodations. It emphasizes comfort and innovative design, making it suitable for both business and leisure travelers in London. Qbic London City Hotel operates in the hospitality sector, providing eco-friendly hotel accommodations in London, UK. The company was acquired by Cerberus Capital Management from Bridges Fund Management in June 2017, although financial terms were not disclosed.


The hotel is located in London, serving a diverse clientele. The founder's history is not detailed, and there are no known subsidiaries or parent companies. Qbic London City Hotel specializes in hospitality services, offering a variety of uniquely designed and sustainable hotel rooms that cater to both business travelers and tourists. The hotel focuses on creating a comfortable environment and offers amenities such as complimentary breakfast, targeting those visiting London for business, leisure, or events.


Its strategic location aims to enhance guest experiences, particularly for travelers attending events in the city. In the most recent fiscal year, Qbic London City Hotel reported a revenue of USD 2,192,169. 30 and an EBITDA of USD -2,965,475. 30.


The hotel generates income primarily through room bookings and additional services, leveraging its location to attract a steady influx of guests. Qbic London City Hotel is strategically positioned for future growth following its acquisition by Cerberus Capital Management in June 2017. The company plans to enhance its product offerings and may target new markets within the UK and Europe, although specific regions and timelines for expansion are not detailed. The recent funding is expected to support these initiatives, focusing on developing innovative accommodations and improving customer services.


Current Investors

Cerberus Capital Management

Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations

Website

www.qbichotels.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Qbic London City Hotel - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020
Revenue (USD)5,322,1725,897,827-----
% Revenue Growth (YoY)-10.8%-----
EBITDA (USD)676,3371,210,460-----
Operating Income (USD)29,052469,436-----
Operating Margin0.5%8.0%-----
% EBITDA Margin12.7%20.5%-----
NET Income (USD)(612,948)(15,160)-----
% Net Margin(11.5%)(0.3%)-----

Qbic London City Hotel - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedQbic London City Hotel-

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Qbic London City Hotel - employee data

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