FRANCE’S B&B HOTELS LAUNCHES U.S. EXPANSION WITH FLORIDA DEBUT

FRENCH 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.