Support for Hotel Takeover
The aid for taking over hotels concerns the following: keeping hotels and campsites offering at least a 2-star level in operation during their transfer, to ensure their long-term future and development. Beneficiaries indicated: businesses taking over a hotel or hotel-restaurant, a campsite or a residential leisure park; rated at least 2 stars; located in the Bourgogne-Franche-Comté region; committed to the Qualité Tourisme scheme or an equivalent quality approach. The amount and terms below come from the catalogue and must be compared with the up-to-date official rules.
Aid for taking over hotels: keeping hotels and campsites offering at least a 2-star level in operation during their transfer, to ensure their long-term future and development. The catalogue classifies it as territorial aid. The access conditions, accepted costs and availability must be confirmed with the funder before any commitment.
Funded by Région Bourgogne-Franche-Comté
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Who can apply
Businesses taking over a hotel or hotel-restaurant, a campsite or a residential leisure park; rated at least 2 stars; located in the Bourgogne-Franche-Comté region; committed to the Qualité Tourisme scheme or an equivalent quality approach. Franchised hotels are eligible provided the franchisee is independent and owner-operator of the establishment (the same partners/shareholders must hold at the same time 80% of the shares of the operating company and 80% of the shares of the company owning the building). Integrated chain establishments are excluded.
Eligibility conditions
Buyers must demonstrate either professional experience or a recognised qualification in hotels and catering or outdoor accommodation, or particular experience or qualifications in management. An exemption may however be considered case by case, based on internships or periods of salaried immersion and training completed by the buyer(s); membership of a recognised sector support network (UMIH/HPA federation, voluntary chain, etc.); the qualifications of the planned management team, etc.
What the scheme covers
Takeover of a hotel. The aid is not intended to allow early repayment of bank debt.
Amount and funding terms
Repayable advance of between €10,000 and €80,000 depending on the buyer’s needs; capped at the amount of personal contributions from the buyer/partners/shareholders depending on the legal form; with bank financing at least equal to the repayable advance requested; repayable over 5 to 8 years with a 12-month deferral after the aid is released. The caps and cost base must be confirmed with the funder before taking any action.
How to apply
Apply on the Bourgogne-Franche-Comté regional aid management platform: https://subventions.bourgognefranchecomte.fr/sub/tiers/aides/details/?sigle=TO-REPRISE
Timeline
No usable deadline is confirmed. Check the current timetable, any sessions and the opening of the scheme with the funder.
Key facts
- Funder
- Région Bourgogne-Franche-Comté
- Type of funding
- Repayable advance
- Status
- Ongoing
- Maximum amount
- €80,000
- Automatically extracted — check the official source
- Minimum amount
- €10,000
- Automatically extracted — check the official source
- Geographic scope
- Bourgogne-Franche-Comté
Frequently asked questions
Who can benefit from the “Aid for taking over hotels”?
The scheme targets the following profiles: businesses taking over a hotel or hotel-restaurant, a campsite or a residential leisure park; rated at least 2 stars; located in the Bourgogne-Franche-Comté region; committed to the Qualité Tourisme scheme or an equivalent quality approach. Franchised hotels are eligible provided the franchisee is independent and owner-operator of the establishment (the same partners/shareholders must hold at the same time 80% of the shares of the operating company and 80% of the shares of the company owning the building). Integrated chain establishments are excluded. The exact criteria and exclusions must be compared with the funder’s rules before considering the business eligible.
Which investments or takeover costs can be accepted?
The scheme mentions: takeover of a hotel. The aid is not intended to allow early repayment of bank debt. Coverage of goodwill, consultancy fees, stock or cash needs should not be assumed if the rules do not expressly provide for them.
What amount can be requested and in what form?
The information currently recorded indicates: repayable advance of between €10,000 and €80,000 depending on the buyer’s needs; capped at the amount of personal contributions from the buyer/partners/shareholders depending on the legal form; with bank financing at least equal to the repayable advance requested; repayable over 5 to 8 years with a 12-month deferral after the aid is released. Confirm whether the support is a grant, a repayable advance or a loan, as well as the combination rules and the accepted cost base.
When should the takeover steps be started?
The scheme mentions the following procedure: apply on the Bourgogne-Franche-Comté regional aid management platform: https://subventions.bourgognefranchecomte.fr/sub/tiers/aides/details/?sigle=TO-REPRISE. For a takeover, check carefully whether the application must be submitted before signing, within a period after the takeover or before any costs start.
Official source
No official URL is available in our data for this grant.
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