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EasyHotel opens five new sites, agrees to buy Blackpool site

Mon, 24th Sep 2018 13:26

(Sharecast News) - EasyHotel announced on Monday that it has opened five new sites and conditionally acquired a 999-year lease on a site in Blackpool. The company has opened owned hotels in Leeds, Sheffield and Barcelona, and two franchised hotels in Reading and Belfast, taking the total number of owned rooms open to 1,130, with a further 1,938 franchise rooms now open.EasyHotel said all five hotels are trading strongly and in line with management's expectations.The group has also conditionally agreed to buy a site at 429 The Promenade, Blackpool, to develop a purpose-built 103-room EasyHotel, subject to planning permission. The site is situated less than 500 metres from Blackpool South Station, in the heart of the seaside resort.Chief executive officer Guy Parsons said: "The five hotels that we have recently opened have traded strongly from day one and we are delighted with the positive customer reaction to our stylish new brand format. "I am also pleased to announce our intention to open an EasyHotel in Blackpool, Britain's most famous seaside resort. Blackpool is a prosperous and lively city and is hugely popular with UK and international visitors. Once open, EasyHotel will make a major contribution to the local hospitality trade. Our super-budget offer will enable visitors to have affordable, comfortable, stylish accommodation at the heart of Britain's seaside culture and keep money in their purses and wallets to spend on local attractions."At 1320 BST, the shares were down 2.7% to 101.20p.
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14 Nov 2016 08:07

easyHotel completes purchase of land for Barcelona hotel

(ShareCast News) - AIM-listed budget hotel owner easyHotel said it had completed the acquisition of land for its new site in Barcelona. In a statement, the company said the 204 room hotel would be located on Gran Via, the main avenue of L'Hospitalet de Llobregat. Planning permission has been grante

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4 Oct 2016 09:52

EasyHotel gets planning permission for Barcelona hotel

(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 ra

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28 Sep 2016 10:17

EasyHotel announces placing to fund roll-out strategy

(ShareCast News) - EasyHotel has announced plans to place up to 38m new ordinary shares at 100p per share to fund its owned hotel roll-out strategy. The placing represents about 60.8% of the ordinary shares in issue and the price is a premium of approximately 18.3% to the closing mid-market price on

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28 Sep 2016 09:43

WINNERS & LOSERS SUMMARY: UK Mail Jumps On Deutsche Post Cash Offer

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28 Sep 2016 07:53

easyHotel Raises GBP38.0 Million For Hotel Roll-Outs (ALLISS)

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16 Aug 2016 12:32

EasyHotel announces third franchise hotel in Amsterdam

(ShareCast News) - EasyHotel announced on Tuesday that it has a further 96 rooms under development by its Benelux franchisee. The EasyHotel Amsterdam-Zaandam will be located on the ninth to eleventh floors of the Saentower in the heart of Zaandam, with construction expected to begin shortly and the

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27 Jul 2016 15:55

easyHotel adds 300 rooms in Turkey despite low tourist demand

(ShareCast News) - Budget hotelier easyHotel added a further 300 rooms in its Turkey development despite low tourist demand, while also expanding in Portugal. EasyHotel signed a master development agreement with Kolay, a wholly owned subsidiary of construction and tourism company TOYA, to develop

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5 Jul 2016 08:06

easyHotel sells space in Liverpool building for £0.6m

(ShareCast News) - Budget chain easyHotel said it had sold part of a building in Liverpool under a 125-year leasehold agreement for £0.6m. The space, which is currently a restaurant operated by a third party, comprises the ground floor of the building and portions of the basement used by the restaur

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5 Jul 2016 07:28

easyHotel Sells Restaurant Space At Castle Street In Liverpool

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24 Jun 2016 15:35

UK Dividends Calendar - Next 7 Days

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16 Jun 2016 15:27

EasyHotel Plans To Appeal Planning Rejection For London Hotel

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26 May 2016 15:07

UK Dividends Calendar - Next 7 Days

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24 May 2016 07:33

easyHotel First-Half Profit Down On Costs, But Revenue Rises

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17 May 2016 15:08

Earnings, Trading Statements Calendar - Week Ahead

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13 Apr 2016 07:07

EasyHotel First Half Trades Above Expectations As Portfolio Grows

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