Marketplace · Belgium
Hotels & hospitality businesses in Liège typically transact at 3.8x–6.0x EV/EBITDA, with a sector median of 4.8x in Belgium. Walloon economic capital.
Liège (population ~195,000, Liège Province) anchors hotels & hospitality transactions at a 4.8x EV/EBITDA median, with most defensible deals landing between 3.8x (conservative) and 6.0x (strong recurring revenue). Walloon economic capital. Aerospace (Sonaca, FN Herstal supply chain), biotech and logistics SMEs are most active; cross-border buyer interest from Aachen and Maastricht corridors.
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Browse all listingsFor a hotels & hospitality SME in Liège with normalised EBITDA above €200k, expect the headline price to anchor on a 4.8x EV/EBITDA multiple, with a working-capital peg, 5–15% escrow, and (in 35–45% of deals) an earn-out tied to year-one EBITDA or customer retention. Cross-border buyer interest from Dutch acquirers is consistently elevated.
Walloon economic capital. Aerospace (Sonaca, FN Herstal supply chain), biotech and logistics SMEs are most active; cross-border buyer interest from Aachen and Maastricht corridors. For hotels & hospitality specifically, Liège's buyer pool typically includes regional family businesses, Benelux-wide strategic acquirers, and (for deals above ~€2m EV) PE-backed roll-up platforms.