- Companies
- citizenM
citizenM Valuation, Funding & Investors
citizenM is valued at $2.2B as of March 2019.
Last citizenM valuation
$2.2B
Secondary · Mar 2019
Key investors in citizenM
GIC
citizenM Overview
About citizenM
citizenM is an Amsterdam-based hotel developer and operator founded in 2008. It created an affordable-luxury concept built around compact rooms, prominent communal spaces, centralized technology and properties in major urban markets. The company develops, owns and operates hotels while selling room nights and food-and-beverage services directly to travelers. Hotel operating revenue and property value appreciation support its integrated model. Its standardized design, digital check-in and international expansion strategy distinguish citizenM from conventional full-service chains, while its real-estate ownership makes it both an accommodation operator and property platform. Properties are concentrated in globally connected cities. citizenM serves B2C customers through activities spanning Accommodation, Real Estate Development and Buildings & Property. Its commercial model generates revenue through Services, supported by sector expertise, operating execution and customer relationships.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Valuation
$2.2B (Mar 2019)
citizenM Valuation
citizenM is currently valued at $2.2B, based on its secondary sale in March 2019. Read the announcement ↗
The round included GIC.
citizenM valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2019 | Secondary | $2.2B |
citizenM Funding History
citizenM has 1 recorded secondary share sale and no primary funding rounds.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Mar 2019 | Secondary | GIC | $2.2B | GIC announced on March 27, 2019 that it had acquired a 25% equity interest in citizenM. The negotiated investment was priced off a disclosed enterprise value of EUR 2.0 billion. Existing shareholders included founder Rattan Chadha and APG, and the transaction brought GIC in as a new long-term capital partner. citizenM combined hotel development, property ownership and operations in an affordable-luxury format centered on urban locations, compact rooms and technology-enabled service. The shareholders said the additional committed capital would support a faster international expansion program. GIC emphasized the brand's consumer appeal, experiential positioning and potential to grow a portfolio of quality real-estate assets. The source does not separately state the cash paid for the 25% interest, so only the company enterprise value is recorded and no purchase price is inferred by multiplying that value by the stake percentage. |
Who has invested in citizenM?
1 investor has backed citizenM across its funding rounds, including GIC.
citizenM Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 citizenM investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialcitizenM Competitors
citizenM competitors include listed companies like Reysas GYO, Argan SA, Curbline Properties and UNITE Group, and private ones like Flow and Mews.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.5B | - | ||
| Private | $100M | - | $2.5B | 25.0x | ||
| Publicly listed | $74M | $69M | $2B | - | ||
| Publicly listed | $282M | $235M | $2B | 16.6x | ||
| Publicly listed | $183M | $106M | $3.1B | 14.7x | ||
| Publicly listed | $445M | $159M | $3.1B | 11.8x |
citizenM Public Comps
citizenM is still privately-owned, but its public comps include Vukile Property Fund, Transcorp Hotels, Catena, Investis Holding, Scandic Hotels, Taiba Investments, CA Immo, TAG Immobilien, IWG and VGP.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $355M | $203M | 10.1x | 8.6x | 17.6x | 14.8x | |||
| $73M | $29M | 31.0x | - | 78.0x | - | |||
| $268M | $264M | 17.9x | 15.3x | 18.2x | 18.6x | |||
| $97M | $65M | 29.6x | 19.3x | 44.3x | 42.9x | |||
| $2.3B | $651M | 3.0x | 2.7x | 10.3x | 24.0x | |||
| $364M | $168M | 7.5x | - | 16.1x | - | |||
| $338M | $194M | 11.6x | 15.1x | 20.2x | 22.5x | |||
| $1.1B | $575M | 6.1x | 15.6x | 11.5x | 18.1x | |||
This data is available for Pro users. Sign up to see all citizenM competitors and their valuation data. Start Free Trial | ||||||||
Common questions about citizenM
| When was citizenM founded? | citizenM was founded in 2008. |
| Where is citizenM headquartered? | citizenM is headquartered in Amsterdam, Netherlands. |
| Is citizenM publicly listed? | No, citizenM is a private, VC-backed company. |
| What is citizenM's valuation? | citizenM was last valued at $2.2B in its secondary sale in March 2019. |
| Who are citizenM's investors? | citizenM's investors include GIC. |
| Which companies are comparable to citizenM? | Companies comparable to citizenM include Flow, Mews, Reysas GYO, Argan SA, Curbline Properties and UNITE Group. |
See companies similar to citizenM
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




