The business (fonds de commerce)
Valued on operating profitability, using an EBITDA multiple. Buyers: owner-operators.

Expertise · Hotels · Property, business, or both
Independent hotels, hotels to restructure, closed hotels or hotels in an estate: a confidential valuation within 48 hours and qualified buyers under a confidentiality agreement.
Sources: Cushman & Wakefield (H1 2026), CBRE (end 2025)
In brief
The answer determines the valuation method, the buyer profile and the tax treatment of the sale (asset sale or share sale).
Valued on operating profitability, using an EBITDA multiple. Buyers: owner-operators.
Valued on rent and yield, by capitalisation. Buyers: property companies, family offices, investors.
Enterprise value cross-checked with property value. Buyers: investor-operators, hotel groups.
Valuation
Using three cross-checked approaches, for a value that stands up to a professional buyer. The report is delivered within 48 hours.
Indicators analysed
Hotels we have handled
Sales process
Documents to prepare
References
Frequently asked questions
A combined sale simplifies the handover and attracts investor-operators; selling them separately widens the pool of buyers. The choice depends on price, tax and your plans.
Yes, off-market: the hotel is presented only to qualified buyers who have signed a confidentiality agreement.
Yes. The valuation factors in the works and compliance upgrades, and the search targets operators able to take them on.
Their contracts transfer to the buyer. In businesses with fewer than 250 employees, they must be informed before the sale.
See also
Confidential contact