Turnover: 182 million EUR (2022)
Country: France
- Appart'City was born of the April 2014 merger of Park & Suites (acquirer) and Appart'City.
- Today, the group is the leader in the aparthotel range in France, with over 100 establishments in France and (more recently) in Europe.
News
Appart'hôtels: France's number one Appart City gets back on track 26/03/2023
- -Sales in 2022 for this subsidiary of the Montpellier-based Uxco group, at €182 million, are virtually equivalent to those for 2019, with an ambition for 20% growth this year
- - Ebitda: 12.5 million
- - Occupancy rate: 70% in 2021, 72% in 2019
- - Investments of 26 million euros by 2023
- - Ten openings per year from 2026 - Business: 50% - Leisure: 50%
Financial Data
DUNS: 490176120
Legal Name: APPART'CITY
Address: 125 RUE GILLES MARTINET , 34070 MONTPELLIER
Number of employees: Entre 1 000 et 1 999 salariés (2021)
Capital: 25 234 551 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|
| Turnover | 149 297 560 | 110 287 227 | 186 895 773 | 177 408 389 | 132 066 179 | 183 664 621 |
| Gross margin (€) | 152 248 095 | 111 652 453 | 187 236 618 | 182 421 815 | 138 942 164 | 184 818 265 |
| EBITDA (€) | 5 405 493 | -32 839 488 | 11 076 248 | 3 048 262 | 817 835 | 1 920 709 |
| Operating profit (€) | -2 408 533 | -37 071 074 | 8 707 539 | 4 294 265 | 5 000 077 | -2 396 011 |
| Net profit (€) | -19 167 111 | -51 771 701 | 3 167 366 | 7 610 292 | -2 989 432 | -6 059 000 |
| Turnover growth rate (%) | 35,4 | -41 | 5,3 | 34,3 | -24,4 | - |
| Ebitda margin rate (%) | 3,6 | -29,8 | 5,9 | 1,7 | 0,6 | 1 |
| Operating margin rate (%) | -1,6 | -33,6 | 4,7 | 2,4 | 3,8 | -1,3 |
| Working Capital (turnover days) | -113,2 | -142,3 | -51 | -37,1 | -69 | -48,7 |
| Working Capital requirements (turnover days) | -113,4 | -168,5 | -39,5 | -61,2 | -122,6 | -100 |
| Net margin (%) | -12,8 | -46,9 | 1,7 | 4,3 | -2,3 | -3,3 |
| Added value / Turnover (%) | 30,3 | 0,7 | 29,9 | 27,6 | 28,7 | 22,2 |
| Wages and social charges (€) | 36 257 540 | 29 682 705 | 39 789 846 | 39 462 818 | 28 501 105 | 34 887 809 |
| Salaries / Turnover (%) | 24,3 | 26,9 | 21,3 | 22,2 | 21,6 | 19 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil de surveillance | Patrice, Jacques, Louis | Cavalier | 55 | |
| Président | Vincent, Paul | Compagnon | 44 | |
| Membre du conseil de surveillance | Benedict, Tobias | Annable | 47 | |
| Membre du conseil de surveillance | Vincent, Yvon, Benjamin | Kerboull | 36 | |
| Membre du conseil de surveillance | Lauren, Mariko | Young | 36 |