B&B Hotels
B&B HOTELS is a French budget hotel chain that was founded in Brest in Brittany in 1990, and has since expanded in 17 European countries.
History
The hotel chain was founded in 1990 by François Branellec of Galaxie SA. The first hotels opened simultaneously in Brest and Saint-Malo in Brittany, France. 1998 marked the opening of the first hotel in Germany. Branellec sold the chain to Duke Street Capital in 2003. The name B&B HOTELS dates back to 2006, one year after the acquisition of Galaxie SA by the investment company Eurazeo.The B&B HOTELS Group absorbed its competitor "Village Hôtels" in 2007, then continued its development in France, Germany, Italy and Poland. In 2013, the Group acquired 4 hotels in Spain and opened a new hotel in the Czech Republic. The Group opened at Disneyland Paris in 2015. 2016 marked the acquisition of the Sidorme Group with 19 hotels in Spain.
B&B HOTELS continued its international development in Brazil, Switzerland, Belgium, Portugal and Slovenia. Their 500th establishment opened in Palermo, Italy in 2019. In 2022, the Group inaugurated its 52nd establishment in Île-de-France and its first in the French overseas departments and territories.
Corporate affairs
Ownership
The group was acquired by British fund Duke Street Capital in 2003. Then Galaxie SA was sold to Eurazeo in 2005, and one year later, Galaxie SA rebranded as B&B HOTELS. In 2010, Eurazeo sold the hotel chain to Carlyle Group, one of the largest US private equity funds. In 2015, Paris-based investment fund PAI Partners bought it from Carlyle. In July 2019, PAI Partners sold B&B HOTELS to Goldman Sachs and ATP.Concept
B&B HOTELS is positioned in the budget hotel sector, competing with chains such as Ibis, Holiday Inn and Kyriad. The model includes a breakfast buffet, free Wi-Fi, remote check-in and check-out.The chain does not own all its hotels and operates mainly on a management-agent basis.