Jul 02 2008
easyHotel Seals Second Major Deal
The leading super-budget hotel operator in the UK, easyHotel, has announced another major deal between themselves and the Eclipse Hotel Group to develop 10 new easyHotels across the country.
With the finalization of the deal, easyHotel looks set to reach their growth plans of adding 200 Hotels under the franchise’s belt in 10 years.
Lawrence Alexander, CEO of easyHotel says, “Eclipse is delighted with the initial performance of easyHotel Luton and the signing of this development deal with them, demonstrates the belief and commitment they have in the easyHotel business model. Signing with easyHotel provides investors with the opportunity to leverage a hugely powerful brand as well as benefiting from a concept that delivers higher than average room densities, low build costs and greater operating margins.”
In the pinched world economy budget and super-budget hotels have seen a rise in popularity and growth.
