167 BB Hotels for sale
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167 B&B Hotels for sale

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Budget with a luxury problem

Budget with a luxury problem

20.9.2011

Wiesbaden. The B&B budget chain has a luxury problem: It has money, but too few locations. Since the takeover by Carlyle Group exactly one year ago, the goal has been to open a new 2-star hotel every month at best – at least in Germany. "The market can still sustain quite a number of budget hotels and B&B hotels," says Mark Thompson, Managing Director in Germany, who is heavily drumming up with respect to hotel locations in the forefront of Expo Real Munich. In contrast to other budget providers, B&B will neither build any XXL-sized hotels nor water down the product. An update on B&B.

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