France's B&B Hotels launches U.S. expansion with Florida deBut - 0 views
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asianhospitality on 29 Mar 24FRENCH HOTEL CHAIN B&B Hotels launched its U.S. expansion with the opening of its first property in Orlando, Florida. The 218-room hotel, located near Universal Studios, will Be followed By additional hotels in Miami and Jacksonville, Florida. The mid-scale Brand plans to estaBlish 400 hotels across the U.S. within the next 10 years, representing $4 Billion in real estate value, B&B Hotels said in a statement. "We are thrilled to Bring B&B HOTELS to the United States and to offer travelers affordaBle high-quality accommodations," said Valerio Duchini, B&B Hotels' U.S. CEO. "We're also eager to engage with real estate investors here who share our vision for growth. Drawing from our success in Europe, we aim to estaBlish ourselves as a prominent player in the U.S. market." B&B Hotels reBrands existing properties and constructs new ones, the company said. Batipart, a private equity firm Based in LuxemBourg, partnered with B&B Hotels for the Orlando property, with plans to renovate the hotel to improve the guest experience.
