Greenstar Hotels Oy
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Greenstar Hotels Oy - overview
Established
2008
Location
Joensuu, -, Finland
Primary Industry
Travel & Leisure
About
Greenstar Hotels Oy delivers eco-friendly accommodation solutions across Finland, providing sustainable hospitality options for both leisure and business travelers seeking quality lodging that minimizes environmental impact. Founded in 2008 in Joensuu, Finland, Greenstar Hotels Oy specializes in providing sustainable lodging services. The company was acquired by Nordia Management on June 1, 2015. It has engaged in one deal to date, focusing on strategic growth in eco-friendly accommodations.
GreenStar Hotels specializes in offering eco-friendly and cost-effective accommodation solutions in urban centers throughout Finland. Their range of hotel services is designed to deliver high-quality lodging while minimizing environmental impact. The hotels are located in cities such as Joensuu, Jyväskylä, Lahti, Vaasa, and Oulu, catering to leisure and business travelers seeking sustainable options. GreenStar Hotels aims to save on costs while enhancing guest experiences through ecological practices embedded in their operations, appealing to environmentally conscious consumers and corporate clients looking for responsible hospitality solutions.
In the most recent fiscal year 2023, GreenStar Hotels generated revenue of EUR 9,941,412. 60, with an EBITDA of EUR 634,826. 20. The company primarily earns revenue through direct bookings via their website, which helps maintain a closer relationship with clients.
Their pricing strategy includes competitive rates for individual room bookings, catering to both individual travelers and group stays, while promoting responsible tourism through tailored packages. GreenStar Hotels plans to leverage its recent acquisition by Nordia Management to expand its portfolio and enter new markets. The company aims to design and launch new eco-friendly accommodations in targeted Finnish cities by 2025, enhancing its service offerings. Recent funding will be utilized to support these initiatives and improve operational efficiency, aligning with their growth strategy.
Current Investors
Nordia Management
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations
Website
http://www.greenstar.fi
Verticals
Clean Technology
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Greenstar Hotels Oy - timeline of key events
Greenstar Hotels Oy - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Oct 31, 2024 | Oct 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 870,882.4 | 909,426.6 | 106,361,064 | 1,181,194.7 | 1,217,367.5 | 1,221,549.5 | 1,140,058.7 | 1,375,761.1 | 1,951,341.9 | 3,936,494.6 | 2,165,709.7 | 4,075,380.3 | 6,245,373.7 | - | - | - |
| % Revenue Growth (YoY) | - | 4.4% | 11595.4% | (98.9%) | 3.1% | 0.3% | (6.7%) | 20.7% | 41.8% | 101.7% | (45.0%) | 88.2% | 53.2% | - | - | - |
| EBITDA (USD) | 99,817.6 | 110,253 | 107,682.3 | 180,620.1 | 232,934.7 | 163,372.7 | 4,746.4 | 160,446.4 | (196,539.5) | (141,110.5) | (766,425.1) | (212,821.7) | 243,471.1 | - | - | - |
| Operating Income (USD) | 93,428.2 | 101,908.1 | 99,681.8 | 172,877.9 | 227,315.1 | 160,145.3 | 1,326.5 | 153,958.9 | (269,892) | (249,889.1) | (951,165) | (390,818.5) | 69,954.4 | - | - | - |
| Operating Margin | 10.7% | 11.2% | 0.1% | 14.6% | 18.7% | 13.1% | 0.1% | 11.2% | (13.8%) | (6.3%) | (43.9%) | (9.6%) | 1.1% | - | - | - |
| % EBITDA Margin | 11.5% | 12.1% | 0.1% | 15.3% | 19.1% | 13.4% | 0.4% | 11.7% | (10.1%) | (3.6%) | (35.4%) | (5.2%) | 3.9% | - | - | - |
| NET Income (USD) | 70,552.2 | 75,037.4 | 75,231.3 | 130,456.1 | 181,284 | 129,022.3 | 470.8 | 117,689 | (290,910.7) | (350,552) | (1,147,745.7) | (436,184.7) | 34,205 | - | - | - |
| % Net Margin | 8.1% | 8.3% | 0.1% | 11.0% | 14.9% | 10.6% | 0.0% | 8.6% | (14.9%) | (8.9%) | (53.0%) | (10.7%) | 0.5% | - | - | - |
Greenstar Hotels Oy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Greenstar Hotels Oy | - |
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Greenstar Hotels Oy - employee data
Greenstar Hotels Oy - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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