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Okkohotels
Okko Hôtels | 4 étoiles et aucun nuage
About Okkohotels
Okkohotels operates a chain of four-star urban hotels across France, targeting modern business and leisure travelers. The company was founded in 2009 by Olivier Devys, a graduate of Ecole Centrale Paris with extensive experience in the hospitality sector. Before launching Okkohotels, Devys spent sixteen years at the Accor group, where he co-designed and managed the Suitehotel concept alongside Paul Dubrule, Accor's co-founder. This experience allowed him to identify a market opportunity for a hotel offering that breaks from traditional constraints. His daughter, Solenne Devys, later joined as General Manager, contributing her background in business and marketing to the family enterprise.
The business model is centered on an all-inclusive pricing structure, a distinct approach in the European four-star hotel market. The room rate covers not only the accommodation but also a comprehensive package of amenities, including Wi-Fi, video on demand, and access to "The Club". This communal space offers complimentary soft drinks, snacks, and a daily "aperitivo" (an evening spread of appetizers), available 24/7. By eliminating extra charges for services like minibars and streamlining processes like check-in and check-out, the company manages to reduce operational costs, inspired by the simplification seen in the airline industry. This strategy allows Okkohotels to offer significant value at a competitive price point for its category.
The first hotel opened in Nantes in January 2014, and the group has since expanded to numerous city-center locations, including Paris, Lyon, Cannes, and Strasbourg. The hotels are strategically situated near transportation hubs and business districts to cater to their target clientele. The rooms are designed to be functional and compact, while common areas are created to feel welcoming and convivial. Okkohotels refreshes its design concept every few years by collaborating with new interior designers to maintain a modern aesthetic and adapt to evolving guest expectations. The company serves individual travelers, explicitly avoiding groups or families with children to maintain its specific atmosphere.
Source: Dealroom company dataAt a glance
- Founded
- 2009
- Headquarters
- Paris, France
- Sector
- Travel
- Power Law
- Colt$25–100M revenue
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From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Source: Dealroom Talent Intelligence.
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