3rd Aug 2016 07:00
3 August 2016
easyHotel plc("easyHotel")
Planning permission granted for easyHotel in Ipswich
easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms it has been granted planning permission for a 94-room easyHotel at 3-5 Northgate Street in Ipswich. easyHotel's purchase of the freehold of the building is expected to complete in the coming weeks. The hotel is expected to open in September 2017.
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. Website: www.easyHotel.com
Operating hotels
easyHotel's owned hotels currently comprise 390 rooms, and it has a further 17 franchised hotels with 1,405 rooms.
Owned hotels:
Old Street (London), Glasgow, Croydon.
Franchise locations:
Bulgaria (Sofia), Germany (Berlin, Frankfurt), Hungary (Budapest), The Netherlands (Amsterdam, Rotterdam, The Hague), Switzerland (Basel, Zurich), UAE (Dubai), UK (Edinburgh, London Heathrow, Central London, Luton).
Hotel development pipeline
The Company's development pipeline of owned and franchised hotels currently consists of:
Owned hotels:
Liverpool (UK), Manchester (UK), Birmingham (UK), Ipswich (UK)
Subject to planning permission: Barcelona (Spain)
Franchise hotels:
Amsterdam (The Netherlands), Brussels (Belgium), Dubai (UAE), Bernkastel-Kues (Germany), Lisbon (Portugal), Istanbul (Turkey)
Website: www.easyHotel.com
Related Shares:
EZH.L