B&B HOTELS Approaches 1,000 Locations with 12% Revenue Growth and New Brand Expansion
🏨 Fabrice Collet, after a decade as CEO and Chairman, is leaving B&B HOTELS. The company is nearing 1,000 hotels across 19 countries, with revenue up 12% this year. A new brand, B&B Home, targets 60 properties by 2030. Goldman Sachs, owner since 2019 after a £1.9 billion purchase, seeks to sell the group, aiming for a valuation twice the acquisition price, with Morgan Stanley facilitating the sale.
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