At the end of 2020, Covivio owned 144 B&B hotels, including one under development, 43% located in France, 51% in Germany and the rest in Spain and Poland. The two partners are working together on new projects in Europe – acquisitions, developments, revitalization of the concept and the B&B offering.
B&B Hotels – Europe
The history of Covivio and B&B Hotels working together started in Germany back in 2010.The journey continues today in Europe and their partnership is regularly revived thanks to new projects. For example, in 2019, a new partnership agreement has been put in place to accelerate the development of B&B Hotels in Poland.
Development on a European scale
This partnership perfectly reflects Covivio’s strategy in the hospitality sector.
We are bolstering our long-term outlook and demonstrating our ability to support operators in transforming and developing their concept. By contributing to the renewal of the hospitality offering, Covivio once again asserts its position as a European leader in hotel real estate.”
France, Spain, Germany and Poland
Hotel: 144 B&B hotels owned by Covivio
16.6 years remaining on the leases and no more assets under development.