We spoke with Nick Johnston, Acquisition Manager at B&B Hotels.
Name: Nick Johnston
Role: Acquisitions Manager at B&B Hotels
Who are B&B Hotels?
B&B Hotels are a budget hotel brand with 700+ hotels throughout Europe and Brazil.
How many locations do B&B Hotels currently have?
We have 700+ hotels
All towns and cities considered on a site by site basis throughout the UK. Conversion of existing hotels, office blocks and new builds
How many new locations are you targeting?
We are targeting 100 new hotels over the next 10 years
We require 80 – 250 bedrooms
Food and beverage offering, onsite is parking is preferred
C1 planning use class.
Freehold or Leasehold?
Leasehold only model
Recent openings or new locations in the pipeline?
We have an ever growing pipeline and hope to open our first B&B Hotel in the UK very soon.
Do you pay Introductory fees?
Yes, we pay introductory fees.
What are the main challenges you face when acquiring new property?
As a new entrant into the market we are an unknown brand and we’re trying to build our presence in the UK.
Favourite occupier and why?
Hickory’s Smokehouse in my opinion seems to be a slick operation, with prime locations, incredible service and top quality food.
What is your favourite building?
Eastbourne Terrace – Our UK HQ
Favourite retail or leisure destination?
T5 Heathrow has an impressive line up of retail tenants
Email – email@example.com
Tel – 07795 501986