19th May 2016 07:00
19 May 2016
easyHotel plc("easyHotel")
Planning permission granted for easyHotel in Birmingham
easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms it has now been granted planning permission for an 84-room easyHotel at 81-91 John Bright Street in Birmingham. easyHotel's purchase of the 125 year leasehold of the building is expected to complete in a few weeks' time.
The hotel is expected to open by March 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 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 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)
Subject to planning permission: Barcelona (Spain), Ipswich (UK)
Franchise hotels:
Amsterdam (The Netherlands), Brussels (Belgium), Dubai (UAE)
Related Shares:
EZH.L