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Two new franchise hotels in The Netherlands

16 Nov 2017 07:00

RNS Number : 6385W
easyHotel PLC
16 November 2017
 

 

16 November 2017

easyHotel plc

easyHotel plc

("easyHotel", "the Group" or "the Company")

 

Two new franchise hotels in The Netherlands

easyHotel, the owner, developer and operator of "super budget" branded hotels, is pleased to announce a further 162 rooms (two hotels) under development by its Benelux franchisee.

 

An 87-room easyHotel will open at The Hague Scheveningen Beach, one of Holland's most popular seaside resorts.

A 75-room easyHotel, will open in Maastricht City Centre, at Het Bat 10-12, Maastricht. A city of historical and political significance, Maastricht is a thriving cultural and regional hub attracting over 3,000,000 tourists each year.

Both hotels are scheduled to open in the second half of 2018 and will expand the Group's portfolio in the Netherlands to seven hotels.

Commenting, Guy Parsons, CEO of easyHotel plc, said:

"The Netherlands is our second biggest market after the UK and is home to a number of busy and popular tourist and business destinations. We are delighted to be extending our presence in a market in which we have seen consistent demand from travellers for affordable and comfortable accommodation."

 

Enquiries:

easyHotel plc

 

Guy Parsons, Chief Executive Officer

www.easyhotel.com

Marc Vieilledent, Chief Financial Officer

http://ir.easyhotel.com

 

 

Investec (Nominated Adviser and Broker)

+44 (0) 20 7597 5970

David Anderson

 

 

Houston PR (Financial PR)

+44 (0) 20 3701 7660

Kate Hoare

 

 

 

Notes to Editors:

www.easyhotel.com http://ir.easyhotel.com

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.

 

Operating hotels

easyHotel's six owned hotels currently comprise 598 rooms, and it has a further 20 franchised hotels with 1,750 rooms.

Owned hotels:

Old Street (London), Glasgow, Croydon, Birmingham, Manchester, Liverpool.

Franchise locations:

Belgium (Brussels), Bulgaria (Sofia), Germany (Berlin, Frankfurt), Hungary (Budapest), The Netherlands (Amsterdam: City, Arena & Zaandam, Rotterdam, The Hague), Switzerland (Basel, Zurich), UAE (Dubai), United Kingdom (Edinburgh, London Heathrow, Central London, Luton).

Hotel development pipeline

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

Owned hotels:

United Kingdom (Ipswich, Sheffield, Leeds), Spain (Barcelona) Subject to planning consent: United Kingdom (Cardiff, Newcastle* and Oxford*).

Franchise hotels:

UAE (Dubai), Germany (Bernkastel-Kues), Portugal (Lisbon), Turkey (Istanbul), UK (Belfast, Reading), Iran, Sri Lanka.

*Hotels being developed under an operating lease.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBRBDBUSBBGRU
Date   Source Headline
5th Jul 20167:00 amRNSDisposal of assets in Liverpool
16th Jun 20164:13 pmRNSPlanning permission update for Old Street
24th May 20167:00 amRNSInterim results
19th May 20167:00 amRNSPlanning permission granted for Birmingham
13th Apr 20167:00 amRNSTrading Update and Notice of Interim Results
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26th Jan 20167:00 amRNSGrant of share options to executive directors
21st Jan 20164:32 pmRNSResult of AGM
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18th Jan 20167:00 amRNSCompletion of Manchester acquisition
14th Jan 20167:00 amRNSAcquisition of building for easyHotel in Ipswich
13th Jan 20167:00 amRNSAcquisition of site for easyHotel in Barcelona
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14th Dec 20157:00 amRNSeasyHotel Liverpool planning permission granted
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3rd Jun 20157:00 amRNSInterim Results
16th Apr 20157:00 amRNSAcquisition of building in Liverpool
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29th Jan 20154:26 pmRNSResult of AGM
29th Jan 20157:00 amRNSAGM Trading Update
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9th Dec 20147:00 amRNSFinal Results
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