London budget hotel brand secures permission for France airport development
London-based hotel brand easyHotel has been given the go-ahead for a new 209-room hotel at a key international hub in France.
The group, which specialises in ‘super budget’ hotels, has secured planning permission for the development of the new easyHotel at Paris-Charles de Gaulle Airport.
Construction on the hotel, which is being developed by Linkcity Ile de France, is expected to begin imminently, with its opening anticipated in the 2020/21 financial year.
The news of the Paris hotel comes as the group has secured a franchise agreement with Ushba Ltd for the development of a new 110-room hotel in Derby, as well as a 20-year exclusive franchise agreement with R&N Services Ltd to support the brand’s development in Tel Aviv is Israel.
Guy Parsons, chief executive of easyHotel, commented: “I am pleased to report further progress against our strategy as we continue to expand our network of super budget hotels in city-centre locations, both in the UK and across international markets.
“The board believes that the current economic uncertainties will continue to present attractive investment opportunities for the brand and we look forward to announcing further updates in due course.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline