10 Nov 2015 09:59
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Don't have an account? Click here to register.EasyHotel gets planning permission for Barcelona hotel
Tue, 04th Oct 2016 09:52
(ShareCast News) - EasyHotel has been granted planning permission for a 204-room hotel on Gran Via in Barcelona.The group said acquisition of the land for the new-build hotel is expected to complete in the coming weeks and the hotel is due to open in early 2018.Last week, EasyHotel said it had raised £38m through the placing of new shares as it looks to fund its expansion across Europe.Chief executive Guy Parsons said at the time: "With more opportunities available than had been expected, and over 4,500 rooms committed or identified in the owned and franchise development pipeline, the proceeds of the placing will primarily be used to fund the continuation of our owned hotel roll-out to deliver enhanced financial returns, whilst consolidating EasyHotel's position as a leader in the super budget hotel market in Europe and the Middle East."At 0955 BST, the shares were up 2.2% to 95.54p.
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23 Oct 2015 10:18
easyHotel franchisee gains funding for first Belgium hotel
(ShareCast News) - easyHotel's Benelux franchisee has secured financing for the proposed 107 room easyHotel Brussels project. The AIM listed budget hotel company announced the news on Friday. As a result of the funding, easyHotel has received repayment of its €3.3m security deposit and has been ent
Read more7 Oct 2015 08:40
EasyHotel annual revenue up year-on-year
(ShareCast News) - Budget hotel operator easyHotel has revealed revenue for the year is "materially ahead" of the previous year. The AIM company released a trading update on Wednesday for the year to 30 September. It said revenue is up for the year after contributions from its Glasgow operation, mo
Read more18 Sep 2015 16:10
28 Aug 2015 08:58
31 Jul 2015 10:38
easyHotel appoints new CEO
(ShareCast News) - Hotel owner and operator easyHotel has appointed Guy Parsons as its new chief executive, the company said on Friday. Parsons, who has over 25 years of experience in the industry and is the current chief of Travelodge, a company he joined in 2004, will replace outgoing CEO Simon Ch
Read more31 Jul 2015 08:22
5 Jun 2015 15:43
Easyhotel acquires building in Manchester for £6m
Budget hotels operator Easyhotel has acquired a new building in Manchester for £6m. The purchase of the building, built in the 1800s and known as "The Flatiron" because of its shape, is conditional to Easyhotel obtaining planning permission to build a hotel. Easyhotel plans to build a 114-bedroom h
Read more