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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Easyhotel Plc | LSE:EZH | London | Ordinary Share | GB00BN56KF84 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 76.00 | 70.00 | 82.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMEZH
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 www.easyhotel.com Officer Marc Vieilledent, Chief http://ir.easyhotel.com Financial Officer 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
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(END) Dow Jones Newswires
November 16, 2017 02:00 ET (07:00 GMT)
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