Groupe Honotel launches 'GLINT, Hostel & Suites' with significant investor support, aiming to redefine the hostel market in France and Europe.

Target Information

Groupe Honotel, a leading player in investment and hotel management, has launched its new brand, 'GLINT, Hostel & Suites', supported by Bpifrance (through its France Investissement Tourisme 3 fund) and BNP Paribas Développement. The brand aims to establish itself as a leader in the hostel market with an ambitious plan to develop 30 establishments across France and Europe by 2030, starting with a secure base of six properties in major French cities.

Through an innovative approach, Honotel seeks to redefine hospitality standards with 'GLINT, Hostel & Suites', offering timeless and welcoming accommodations that are both accessible and centrally located. The establishments will feature flexible pricing options, allowing guests to choose between booking a room or a bed, blending the sociable atmosphere of hostels with the comfort of boutique hotels.

Industry Overview

The hospitality industry in France is experiencing significant transformations, particularly with the rise of hybrid accommodation concepts. This evolution is driven by changing consumer preferences, demonstrating a gro