EasyHotel

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easyHotel plc
Type Limited company
Industry Hotels
Founded January 19, 2004 (2004-01-19)
Founder(s) Stelios Haji-Ioannou
Headquarters London
Number of locations 20
Area served Europe, Africa, Middle East
Key people Simon Champion (chief executive)
Services Lodging
Website easyhotel.com

EasyHotel (styled easyHotel) is a budget hotel chain based in London. The company was incorporated in 2004 and opened its first hotel in 2005.

EasyGroup Holdings Ltd (the investment vehicle of EasyHotel founder Sir Stelios Haji-Ioannou and his family) is the largest shareholder with 55.7% of the equity and 49% of the votes (as of June 2014).

It is listed on the Alternative Investment Market of the London Stock Exchange.

History[edit]

The first hotel opened by EasyHotel was in London in 2005.

In 2013 the chain extended into Africa with its Fastjet investor Lonrho and opened a 60-room hotel in Johannesburg, South Africa.[1]

In December 2013, a failed Glasgow 125-room franchise was purchased by Sir Stelios Haji-Ioannou for £2.3million[2] and reopened in January 2014.

In June 2014, the company was listed on the Alternative Investment Market of the London Stock Exchange, allowing Sir Stelios Haji-Ioannou to reduce his 100% stake.

Current operations[edit]

EasyHotel owns two properties (London and Glasgow) and franchises all other hotels to third party owners and operators.[3]

Concept[edit]

As with other EasyGroup companies, the EasyHotel provides a budget service, with the option to pay for extras. Items such as coffee, spare towels, housekeeping and internet are available at an extra charge.[4]

The room concept was developed by EPR Architects during 2004,[5] and undertook the first EasyHotel project in London.[6]


References[edit]

  1. ^ "Lonrho to open SA’s first easyHotel in Johannesburg". Business Day. 21 March 2013. Retrieved 2 March 2014. 
  2. ^ "Sir Stelios Haji-Ioannou buys £2.3m easyHotel in Glasgow". Caterer and Hotelkeeper. 16 December 2013. Retrieved 2 March 2014. 
  3. ^ "easyHotel Glasgow opens ahead of schedule". Hospitality and Catering News. 14 January 2014. Retrieved 2 March 2014. 
  4. ^ "EasyHotel, Earl's Court, London: hotel review". Daily Telegraph. 13 June 2010. Retrieved 2 March 2014. 
  5. ^ "Update 2004". EasyHotel. 2004. Retrieved 2 March 2014. 
  6. ^ "Easy Hotels". EPR Architects. Retrieved 2 March 2014. 

External links[edit]