EasyHotel raises ?11m in subscription to fund expansion

6th Mar 2020 07:36

(Sharecast News) - EasyHotel said on Friday that it has raised ?11m in a share subscription to fund its owned-hotel roll-out strategy.

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EasyHotel acquires site for new hotel in Madrid

20th Feb 2020 15:55

(Sharecast News) - Super-budget hotel operator easyHotel has acquired a freehold site in Madrid, it announced on Thursday, where it plans to develop a 230-bedroom site.

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EasyHotel appoints easyJet's Francois Bacchetta as CEO

7th Jan 2020 12:55

(Sharecast News) - EasyHotel has appointed François Bacchetta as its new chief executive officer.

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EasyHotel makes development progress in three markets

23rd Oct 2019 14:57

(Sharecast News) - Super budget hotel developer and operator easyHotel updated the market on its developments on Wednesday, reporting that at its owned hotel at Paris Charles de Gaulle Airport in France, planning permission for the 209-room property had now been granted.

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Tough UK market to impact easyHotel earnings, board says

18th Oct 2019 11:37

(Sharecast News) - Super-budget hotel owner, developer and operator easyHotel updated the market on its trading for the year ended 30 September on Friday, reporting that despite the ongoing political and economic uncertainty facing the United Kingdom, its owned hotels had continued to outperform the UK hotel market on a like-for-like basis.

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EasyHotel chairman stepping down at beginning of October

30th Sep 2019 11:59

(Sharecast News) - EasyHotel confirmed on Monday that non-executive chairman Jonathan Lane had confirmed his intention to step down from the board, and to leave the company on 1 October.

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Development and depreciation see easyHotel swing to interim loss

29th May 2019 10:40

(Sharecast News) - Budget hotel owner, developer and operator easyHotel reported a 25.3% improvement in total system sales in its interim results on Wednesday, to £20.2m.

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EasyHotel outperforms UK hotel market in first half

11th Apr 2019 08:07

(Sharecast News) - Budget accommodations outfit EasyHotel continued to outperform the hotel market in the UK over the six months ending on 31 March despite the ongoing political and economic uncertainty.

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EasyHotel revenues up 60% in Q1 but warns on margins

21st Jan 2019 11:16

(Sharecast News) - EasyHotel posted a rise in first-quarter revenue on Monday but warned that 2019 will be more difficult than the previous year and margins will take a hit.

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EasyHotel submits planning application for Paris development

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.

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EasyHotel's revenues rise by a third following expansion to Barcelona

6th Dec 2018 10:15

(Sharecast News) - EasyHotel reported that its full-year revenue increased by a third on Thursday after opening nine new hotels over the period.

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EasyHotel targets continental expansion as sales and revenue grow

8th Oct 2018 08:57

(Sharecast News) - After an "excellent" performance from newly opened hotels, EasyHotel reported improved room revenue and sales for the year ended 30 September on Monday.

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EasyHotel opens five new sites, agrees to buy Blackpool site

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.

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EasyHotel makes Gary Burton CFO as Vieilledent becomes development director

13th Aug 2018 09:22

(Sharecast News) - EasyHotel said on Monday that Gary Burton will become chief financial officer with effect from 29 October, as current CFO Marc Vieilledent steps into the role of group development director.

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EasyHotel in line with expectations with a pipeline of new hotels

23rd Jan 2017 07:56

(ShareCast News) - EasyHotel is trading in line with expectations as the market improved in the last two months of 2016, while the budget hotel operator plans to open further hotels during 2017. The AIM-listed company said for the year ended 30 September the company had made "good progress" and is i

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