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EasyHotel submits planning application for Paris development

Tue, 18th Dec 2018 08:07

(Sharecast News) - Budget accommodation operator EasyHotel has submitted a planning application for a new 209-room new-build hotel near Paris' Charles de Gaulle Airport.EasyHotel has inked an exclusive letter of intent with Groupe ADP, the owner and operator of Paris' three main airports, for an operating lease agreement for the hotel, with the final agreement still subject to planning permission being granted and full legal documentation being agreed upon.The AIM-listed firm's hotel will be opened in the 2020/21 financial year on the perimeter of Europe's second largest airport.Chief executive Guy Parsons, said: "Following the recent opening of our 204-room hotel in Barcelona this project is early testament to our growing ambitions for the brand in Continental Europe.""We see a number of attractive opportunities, particularly in France, Germany and Spain where the board believes there is potential for the brand to target 10 to 15 cities in each of these countries and we look forward to announcing further opportunities in due course."As of 1015 GMT, EasyHotel shares had slipped 1.73% to 85p.
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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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