Housekeeping staff, receptionists, and maintenance personnel become shareholders in Bestprice

The Bestprice hotel chain has completed its first Employee Stock Incentive Plan, an initiative that will allow a significant portion of its workforce to become shareholders in the companyand participate directly in the value creation generated by the group?s growth.

The initiative, spearheaded by the Board of Directors, aims to recognize the commitment and contributions of those professionals who have playedplayed a prominent role in the company?s development over the past few years. Beneficiaries include employees from various operational areas, ranging from housekeeping staff and receptionists to maintenance personnel.

By granting these shares, which are listed on the Euronext Paris stock exchange, Bestprice seeks to align the interests of its employees with those of the company, allowing them to participate in the business venture beyond their employment relationship. According to the company, the initiative turns a large portion of its workforce into shareholders of a publicly traded hotel company with plans for nationwide expansion.

“Companies are built by people. And we firmly believe that those who contribute decisively to creating value should also have the opportunity to share in that value,? says Óscar Sánchez, president of Bestprice.

The chain notes that this program is part of a corporate culture based on participation, camaraderie, and a sense of belonging. In this regard, it highlights that all its employees have permanent contracts and that the company does not use temporary staffing agencies or outsource services.

Bestprice believes that employee engagement is one of the pillars of its management model and a key element in maintaining its levels of quality, profitability, and customer satisfaction. The company believes that encouraging employee participation in business results helps strengthen their commitment to the business project.

The hotel company is currently listed on Euronext Paris and is supported by various financial institutions for the brokerage of its shares, including CaixaBank, BBVA, Banco Santander, Banc Sabadell, ING, Renta 4, MyInvestor, DEGIRO, and Interactive Brokers.