Economy hotel chain in Europe
B&B is the first low cost hotel chain in Europe.
In 2005, B&B was a regional player with strong presence in west of France (around 120 hotels), sales of €80m and an annual growth around 2%. As of today, the group is a major player in Europe with its econochic positioning. Sales were greater than €350m in 2015, of which 50% outside France (Germany, Italy, Spain, etc.) and an organic growth greater than 15% per annum.
ARTS ET BIENS co-invested alongside MONTEFIORE over the past 10 years through two LBOs, the first one in 2005 with EURAZEO (exit in 2010), then in 2010 with CARLYLE (exit in 2016).