Hotel & B&B Valuation

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Typical Valuation for a Hotels & B&Bs Business

MetricTypical Range
EBITDA Multiple3.0-5.5×
EBITDA Margin20-35%

Market Overview

Hotels and B&Bs typically sell for 3.0-5.5× EBITDA in the UK market, though freehold property value often represents the largest component. The range reflects property ownership, occupancy levels, trading performance, and location quality. Freehold boutique hotels with strong trading command premium multiples (4.5-5.5×) due to property value and business performance, while leasehold or low-occupancy properties trade lower (3.0-3.5×). Key differentiators include freehold ownership (property can be worth £500k-£5m+), occupancy levels (65%+ ideal), average room rate (£80-200+ per night), online reputation (4.5+ stars, 100+ reviews), direct bookings vs OTA dependency (<40% commission channels), food/beverage revenue contribution, and owner accommodation separation. Regional hotel groups and hospitality investors actively acquire quality freehold properties.

How to Value a Hotels & B&Bs Business

The standard methodology for valuing a hotels & b&bs business in the UK is EBITDA-based. A buyer will calculate your Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and apply a multiple based on sector benchmarks, business quality, and growth prospects. For hotels & b&bs businesses, that multiple typically ranges from 3.0-5.5×.

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