B&B Hotels

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B&B Hotels - overview

Established

1990

Location

Paris, -, France

Primary Industry

Travel & Leisure

About

B&B Hotels, founded in 1990 and based in Brest, France, operates within the hospitality sector, providing budget-friendly accommodations focused on comfort and community engagement. B&B Hotels specializes in affordable lodging solutions and has expanded its offerings significantly since its inception. The company was founded in Paris, France, and has a strong emphasis on providing a welcoming atmosphere for guests. Flávia Lorenzetti, Jairo Monje, and Max MRICS currently lead the company.


Recently, on June 6, 2024, the company secured a EUR 1,900 mn SECONDARY BUYOUT led by Goldman Sachs Merchant Banking Division, which marks a significant funding milestone for B&B Hotels. The total amount raised from funding rounds amounts to EUR 1,900 mn, reflecting investor confidence in the company's strategic direction. B&B Hotels primarily operates in the hospitality sector, offering budget-friendly accommodation solutions under the brand name B&B HOME. The company focuses on providing a home-like experience for guests through a combination of comfort, local products, and community engagement.


Key offerings include spacious hotel rooms and flats, as well as extended-stay options that emphasize localism and sustainability. Their properties are strategically located across various geographical markets, including France, Germany, Italy, Spain, Poland, and the United States, making them accessible to a diverse clientele, ranging from leisure travelers to business professionals. The company’s initiatives also highlight local community partnerships, allowing guests to engage with local food and craft vendors, thereby enhancing the overall travel experience. B&B Hotels generates revenue primarily through direct-to-consumer transactions in the hospitality industry.


In 2023, the company reported a revenue of EUR 484,697,814. 60 and an EBITDA of EUR 94,968,686. Revenue is structured around the sale of room and flat rentals, along with membership subscriptions for the B&me CLUB, which provides members with special discounts and benefits. The hotel chain emphasizes value, offering amenities such as breakfast options and late check-out, which further enhance their appeal to budget-conscious travelers while fostering repeat visits.


In June 2024, B&B Hotels received a EUR 3 mn senior term loan from CIC Private Debt, which will be utilized to support further expansion and development of new products. The company is focused on expanding its presence in key markets across Europe and the United States, with specific plans to introduce additional locations by the end of 2025. B&B Hotels aims to enhance its product offerings, targeting the launch of new room types and community-oriented initiatives to attract a broader customer base.


Current Investors

Massena Partners

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Hotels & Accommodations

Website

www.hotel-bb.com/

Company Stage

Mature

Total Amount Raised

Subscriber access only

B&B Hotels - timeline of key events

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B&B Hotels - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)174,037,071235,210,824262,228,172280,773,398160,571,373221,642,122---
% Revenue Growth (YoY)-35.1%11.5%7.1%(42.8%)38.0%---
EBITDA (USD)23,771,73134,917,83744,947,54848,133,608(7,874,655)15,446,706---
Operating Income (USD)14,724,94623,270,93732,750,38835,195,070(21,350,442)2,081,499---
Operating Margin8.5%9.9%12.5%12.5%(13.3%)0.9%---
% EBITDA Margin13.7%14.8%17.1%17.1%(4.9%)7.0%---
NET Income (USD)9,632,41713,395,30321,959,63122,958,455(33,188,836)1,833,926---
% Net Margin5.5%5.7%8.4%8.2%(20.7%)0.8%---

B&B Hotels - 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)
Private DebtCompletedB&B Hotels-
N/ACompletedB&B Budapest, B&B Prague-
Secondary BuyoutCompletedB&B Hotels-
N/ACompletedAngyal Office Building-
N/ACompletedB&B Hotel Neu-Ulm, B&B Hotel Rosenheim-

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B&B Hotels - employee data

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