EZH Easyhotel Plc

TIDMEZH

RNS Number : 6614Y

easyHotel PLC

19 May 2016

19 May 2016

easyHotel plc

("easyHotel")

Planning permission granted for easyHotel in Birmingham

easyHotel, the owner, developer, operator and franchisor of "super budget" branded hotels, confirms it has now been granted planning permission for an 84-room easyHotel at 81-91 John Bright Street in Birmingham. easyHotel's purchase of the 125 year leasehold of the building is expected to complete in a few weeks' time.

The hotel is expected to open by March 2017.

Enquiries:

 
 easyHotel plc                    www.easyhotel.com 
 Guy Parsons, Chief Executive 
  Officer 
 Marc Vieilledent, Chief          http://ir.easyhotel.com 
  Financial Officer 
 
 Investec (Nominated 
  Adviser and Broker)             +44 (0) 20 7597 4000 
 Chris Treneman 
 David Anderson 
 
 Hudson Sandler (Financial 
  PR)                             +44 (0) 20 7796 4133 
 Wendy Baker 
 Emily Dillon 
 

Notes to Editors:

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.   Website:  www.easyHotel.com 

Operating hotels

easyHotel's owned hotels currently comprise 390 rooms, and it has a further 18 franchised hotels with 1,490 rooms.

Owned hotels:

Old Street (London), Glasgow, Croydon.

Franchise locations:

Bulgaria (Sofia), Czech Republic (Prague), Germany (Berlin, Frankfurt), Hungary (Budapest), The Netherlands (Amsterdam, Rotterdam, The Hague), Switzerland (Basel, Zurich), UAE (Dubai), UK (Edinburgh, London Heathrow, Central London, Luton).

Hotel development pipeline

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

Owned hotels:

Liverpool (UK), Manchester (UK), Birmingham (UK)

Subject to planning permission: Barcelona (Spain), Ipswich (UK)

Franchise hotels:

Amsterdam (The Netherlands), Brussels (Belgium), Dubai (UAE)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 19, 2016 02:01 ET (06:01 GMT)

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