B&B Hotels may be put on sale

Private equity fund Carlyle, which is the owner of budget hotel chain B&B Hotels is mulling a sale of the business, Reuters reported on Friday. Carlyle is the 300-hotel chain's main shareholder with a 80 percent stake, which it acquired in 2010 for around €480 million. The fund is also considering listing the chain on the stock exchange, according to the press agency. B&B is Europe's third biggest budget hotel chain, it owns hotels in Warsaw, Toruń and Wrocław.