Friday 5 June 2015

A review of the EasyHotel in Victoria, London

A review of the EasyHotel in Victoria, London


A review of the EasyHotel in Victoria, London

A review of the EasyHotel in Victoria, London

Current operations

Over the past year, following the successful opening of EasyHotel’s owned hotel in Old Street, London, easyHotel has moved its strategy towards investment in freehold owned asset investments. This entailed the purchase by easyHotel of the 125-bedroom Glasgow hotel in December 2013 for £2.3 million, and the purchase of a 999 year leasehold property of approximately 1,600 square metres of office space in Croydon for approximately £1.6 million. This is under construction as a 103-bedroom hotel due to be opened in autumn 2014.
easyHotel owns three properties (easyHotel Croydon, easyHotel Old Street and easyHotel Glasgow) and franchises all other hotels to third party owners and operators.
As of March 2015 the company has 19 operational hotels comprising approximately 1,300 rooms at hotels operated by franchisees and approximately 300 rooms owned by EasyHotel.

No comments:

Post a Comment