Source - RNS
RNS Number : 8725K
easyHotel PLC
27 September 2016
 

 

 

27 September 2016

easyHotel plc

("easyHotel")

 

Completion of freehold acquisition in Ipswich

 

easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms that the acquisition of the freehold of 3-5 Northgate Street in Ipswich has completed.  

 

As previously announced, easyHotel was granted planning permission for a 94-room hotel in August 2016.  The hotel is expected to open by July 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), United Kingdom (Edinburgh, London Heathrow, Central London, Luton).

 

Hotel development pipeline

 

The Company's development pipeline of owned and franchised hotels currently consists of:

 

Owned hotels:

United Kingdom (Liverpool, Manchester, Birmingham, Ipswich)

Subject to planning permission: Spain (Barcelona)

 

Franchise hotels:

The Netherlands (Amsterdam Arena Boulevard, Amsterdam-Zaandam), Belgium (Brussels), UAE (Dubai), Germany (Bernkastel-Kues), Portugal (Lisbon), Turkey (Istanbul)

 

Website:  www.easyHotel.com 

 

-ends-


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