October 16, 2024 – Helsinki, Finland – Bob W, the tech-powered hospitality operator redefining the world of hotels and short-term rentals, has today announced the appointment of Hervé Deligny to Chief Financial Officer (CFO).

With over 25 years experience in financial leadership and scaling global businesses, Deligny brings with him a wealth of expertise across the hospitality and real estate industries.

At Bob W, Delingy will be tasked with spearheading Bob W’s continued growth across Europe and beyond.

Delingy started his career with PwC and spent more than 15 years at AccorHotels in Paris and London, working across finance and real estate divisions. He has since held CFO positions at notable hospitality brands such as Generator, Safestay, and Onefinestay.

Hervé Delningy, CFO at Bob W said: “Bob W’s ambitious growth plans and fresh approach to blending the worlds of hotels and short-term rentals mean it is well on its way to completely redefining the hospitality sector.

“The fast-growing European aparthotel market presents a wealth of opportunities, and I am eager to help drive Bob W’s tech-powered, sustainable model further forward. The demand for experiences that combine the consistency of a hotel with the flexibility of short-term rentals is only set to grow further, and Bob W is perfectly positioned to lead the way across Europe.”

Niko Karstikko, Co-founder & CEO of Bob W said: “Hervé’s extensive financial expertise in both hospitality and real estate will be critical as we continue our rapid expansion across Europe. The aparthotel sector is growing at lightning speed making it a highly lucrative opportunity for property developers and hospitality operators alike. Bob W continues to build on its reputation as a reliable, consistent household name for the modern traveler.”

Hervé’s appointment comes after a new joint venture between Bob W and Osborne+Co Investment Management (OCIM) launched a £120 million equity raise to acquire and repurpose hotel and office assets into high-quality short-term serviced apartments.

The joint venture plans to transform between 20 and 25 buildings across core European markets into 1,500 to 2,000 modern apartments and is targeting a GDV of £400 million for its initial development pipeline.