The performance of investments made by CORUM is not a reliable indicator of future results.
Beaune - France
The B&B hotels in Amiens, Beaune and Brétigny-sur-Orge are three of the 222 hotels owned by B&B Hotels located in France. They meet the requirements of the brand regarding first-rate location: B&B Amiens is close to a train station and an interchange, B&B Beaune is next to the A6 motorway and the town’s entrance, and B&B Brétigny-sur-Orge is near the Francilienne road. These 3 B&B hotels are rated two stars and have 72, 52 and 47 rooms, respectively. They meet their customers’ needs, whether they travel for professional or for leisure purposes, and offer good value, in line with their market and their geographical location.
This investment generates a net initial yield* of 7.39% (incl. transfer tax and brokerage fees).
Tenants B&B Hotels
In 2013, the hotel chain was awarded the Grand Prize of the Worldwide Hospitality Awards by the Minister of Tourism. This trophy was awarded to this international hotel company whose year was marked by strong performance in four complementary criteria: expansion, innovation, human resources and sales. Founded in the 1990s, B&B is a mid-range hotel chain with hotels across Europe and in Morocco. The company’s business model is to offer comfortable rooms at a mid-range price. With a portfolio of over 300 hotels in Europe, corresponding to a total of 24,000 rooms, this French hotel chain recorded revenues of about €300m. Its occupancy rate of around 70% is well above the national average.
Acquisition price (incl. transfer tax and brokerage fees)
Net initial yield*
7,39% (incl. transfer tax and brokerage fees)
* Net initial yield: Annual rent divided by acquisition price including transfer tax and brokerage fees.