Motel One saw sales rise 22 per cent to €487 million in 2018 as the budget hotel chain continues to grow its position in the European hospitality market.
The brand currently has 71 hotels and 20,160 rooms in operation.
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EBITDA increased by 23 per cent to €150 million last year.
With nine new hotels opened in 2018 and a secured growth of 98 hotels, Motel One is looking to expand its portfolio further.
Six of the new hotels opened in Germany – Lübeck, Cologne-Neumarkt, Munich-Messe, Frankfurt-Römer, Bonn-Beethoven and Leipzig-Post.
The Barcelona-Ciutadella and Paris-Porte Dorée hotels marked the brand’s début in Spain and France.
Looking ahead, the Motel One Munich-Haidhausen will expand the portfolio in Munich to ten hotels.
The Motel One Warsaw-Chopin will mark the brand’s market début in Poland and the Motel One Linz will expand the activities in Austria to seven hotels with around 2,100 rooms.
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Source: Breaking Travel News