18th Jan 2016 07:00
18 January 2016
easyHotel plc("easyHotel")
Completion of acquisition of building in Manchester
easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms it has now been granted planning permission for a 116 room easyHotel at Bradley House in Manchester and the acquisition of the building has completed.
The hotel is expected to open in 2016/2017 financial year.
Enquiries:
easyHotel plc | www.easyhotel.com |
Guy Parsons, Chief Executive Officer | |
Marc Vieilledent, Chief Financial Officer | http://ir.easyhotel.com |
Investec (Nominated Adviser and Broker) | +44 (0) 20 7597 4000 |
Chris Treneman | |
David Anderson | |
Hudson Sandler (Financial PR) | +44 (0) 20 7796 4133 |
Wendy Baker | |
Emily Dillon |
Notes to Editors:
easyHotel is the owner, developer, operator and franchisor of branded hotels. Its strategy is to target the "super budget" segment of the hotel industry by marketing "clean, comfortable and safe" hotel rooms to its customers.
Operating hotels
easyHotel's owned hotels currently comprise 390 rooms, and it has a further 18 franchised hotels with 1,490 rooms.
Owned hotels:
Old Street (London), Glasgow, Croydon.
Franchise locations:
Bulgaria (Sofia), Czech Republic (Prague), Germany (Berlin, Frankfurt), Hungary (Budapest), The Netherlands (Amsterdam, Rotterdam, The Hague), Switzerland (Basel, Zurich), UAE (Dubai), UK (Edinburgh, London).
Hotel development pipeline
The Group's development pipeline of owned and franchised hotels currently consists of:
Owned hotels:
Liverpool (UK), Manchester (UK), Barcelona (Spain) and Ipswich (UK)
Franchise hotels:
Brussels (Belgium), Middle East (UAE & Oman)
Website: www.easyHotel.com
Related Shares:
EZH.L