EasyHotel: Difference between revisions
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Importing Wikidata short description: "International super budget hotel chain" |
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{{Short description|International super budget hotel chain}} |
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{{Use dmy dates|date=December 2023}} |
{{Use dmy dates|date=December 2023}} |
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{{Infobox company |
{{Infobox company |
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| foundation = {{Start date|df=yes|2004|01|19}} |
| foundation = {{Start date|df=yes|2004|01|19}} |
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| founder = [[Stelios Haji-Ioannou]] |
| founder = [[Stelios Haji-Ioannou]] |
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| location = {{nowrap|[[London]], [[United Kingdom]]}} |
| location = {{nowrap|[[London]], [[United Kingdom]]}} |
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| locations = |
| locations = 43<ref name=hotels/> |
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| area_served = Europe<ref name=hotels/> |
| area_served = Europe<ref name=hotels/> |
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| key_people = Karim Malak ([[Chief Executive Officer|CEO]])<ref>[https://www.thecaterer.com/people/minute-on-the-clock-karim-malak-easyhotel thecaterer.com - Minute on the clock: Karim Malak, CEO of easyHotel] 13 September 2022</ref> |
| key_people = Karim Malak ([[Chief Executive Officer|CEO]])<ref>[https://www.thecaterer.com/people/minute-on-the-clock-karim-malak-easyhotel thecaterer.com - Minute on the clock: Karim Malak, CEO of easyHotel] 13 September 2022</ref> |
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'''EasyHotel''' (styled as '''easyHotel''') |
'''EasyHotel''' (styled as '''easyHotel''') is a low-budget [[Hotel|hotel chain]] with 43 hotels in 11 European countries.<ref name="hotels" /> |
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==History== |
==History== |
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[[File: |
[[File:Easyhotel Glasgow - geograph.org.uk - 3907564.jpg|thumb|easyHotel in [[Glasgow]]]] |
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[[File: |
[[File:Madrid - easyHotel Madrid Centro Atocha 3.jpg|thumb|easyHotel in [[Madrid]]]] |
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Originally founded by [[Stelios Haji-Ioannou]] through the [[easyGroup]], easyHotel was incorporated in 2004<ref name=invest/> and opened its first hotel in [[South Kensington]], [[London]] in 2005. Whilst easyHotel owned its first hotel in South Kensington (which was subsequently sold and franchised in 2007), its growth strategy in its early years was to expand via franchise contracts |
Originally founded by [[Stelios Haji-Ioannou]] through the [[easyGroup]], easyHotel was incorporated in 2004<ref name=invest/> and opened its first hotel in [[South Kensington]], [[London]] in 2005. Whilst easyHotel owned its first hotel in South Kensington (which was subsequently sold and franchised in 2007), its growth strategy in its early years was to expand via franchise contracts.<ref>{{Cite book |title=easyHistory, 4th edition |date= |publisher=easyHistory |year= |language=English}}</ref> |
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In June 2014, the Company floated on the London Stock Exchange raising £24.5 million to fund further growth and expansion. In August 2019, directors of the company backed a £139 million bid for the company despite opposition from founder Sir Stelios Haji-Ioannou. The bidding consortium was made up of Luxembourg-based ICAMAP and Ivanhoé Cambridge of Canada. Ivanhoe is owned by Quebec’s pension company, CDPQ (Caisse de depot et placement du Quebec).<ref name="tba">Travel Business Analyst, November 2019</ref> As of 2021, ICAMAP and Ivanhoé Cambridge now own the majority of shares in the company.<ref name="invest">[https://www.thecaterer.com/news/easyhotel-50-million-triple-estate-2026 thecaterer.com - EasyHotel secures €50m to more than triple estate by 2026] 13 December 2022</ref> The majority owners also announced to invest € 50 million to vastly expand the chains operations by 2026 throughout Europe and the UK.<ref name="invest" /> |
In June 2014, the Company floated on the [[London Stock Exchange]] raising £24.5 million to fund further growth and expansion. In August 2019, directors of the company backed a £139 million bid for the company despite opposition from founder Sir Stelios Haji-Ioannou. The bidding consortium was made up of Luxembourg-based ICAMAP and Ivanhoé Cambridge of Canada. Ivanhoe is owned by Quebec’s pension company, CDPQ (Caisse de depot et placement du Quebec).<ref name="tba">Travel Business Analyst, November 2019</ref> As of 2021, ICAMAP and Ivanhoé Cambridge now own the majority of shares in the company.<ref name="invest">[https://www.thecaterer.com/news/easyhotel-50-million-triple-estate-2026 thecaterer.com - EasyHotel secures €50m to more than triple estate by 2026] 13 December 2022</ref> The majority owners also announced to invest € 50 million to vastly expand the chains operations by 2026 throughout Europe and the UK.<ref name="invest" /> |
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In December 2021, Karim Malak was appointed CEO after the sudden death of François Bachetta at the age of 56 in June of the same year. In October 2022, easyHotel acquired eight franchised easyHotel properties |
In December 2021, Karim Malak was appointed [[CEO]] after the sudden death of François Bachetta at the age of 56 in June of the same year. In October 2022, easyHotel acquired eight franchised easyHotel properties in The Netherlands and Belgium from Crossroads Real Estate for € 145 million.<ref>{{Cite web |title=easyHotel acquires 8 hotels in Benelux for €145 million |url=https://hospitality-on.com/en/hospitality/easyhotel-acquires-8-hotels-benelux-eu145-million |access-date=2024-06-08 |website=Hospitality ON |language=en}}</ref> As of May 2024, easyHotel has 26 owned and leased easyHotel properties and 17 franchised easyHotel properties.<ref>{{Cite web |last=Development |first=easyHotel |title=easyHotel - Development |url=https://www.easyhotel.com/investor-relations |website=easyHotel}}</ref> |
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==Properties== |
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==Growth in Europe== |
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As of May 2024, easyHotel |
As of May 2024, easyHotel overall maintains 42 corporately owned and franchised branches in the [[United Kingdom]] (19, of which 5 are in London), [[the Netherlands]] (7), [[Switzerland]] (5), [[Germany]] (1), [[France]] (3), [[Spain]] (3), [[Belgium]] (1), [[Ireland]] (1), [[Hungary]] (1), [[Portugal]] (1) and [[Bulgaria]].<ref name=hotels>[https://www.easyhotel.com/hotels easyhotel.com - Our hotels] retrieved 21 April 2024</ref> The formerly operated hotel in [[Dubai]] no longer exist, additionally two further locations in London where also closed.<ref name=hotels/> |
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EasyHotel is surging its expansion across Europe in the coming years, leveraging the leading easy brand awareness. The company aims to strengthen its presence in key markets such as [[France]], [[Spain]], [[Germany]] and the [[UK]], whilst developing in new markets, including [[Italy]], [[Greece]] and [[Poland]]. In 2023, the company received over 500 proposals for new hotel opportunities. Spain is anticipated to be a major growth area over the next few years, with a new signing announced in Alicante in April 2024 and additional hotels in [[Barcelona]] Meridiana and [[Valencia]] already in development. |
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==Sustainability== |
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In April 2023, easyHotel announced a £4.5 million investment for 12 UK locations to further reduce the group’s carbon footprint as part of its strategy to be the leader in low-carbon, great-value hotels across Europe. This investment was allocated to improving hotel energy efficiency through the installation of heat pumps, enhanced metering and control systems, and new, more efficient air conditioning systems. In addition, an extra €1.5 million was invested in February 2024 for low-carbon improvements at easyHotel’s owned EU locations. |
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2023 also saw the launch of easyHotel’s new low-carbon room, which was first introduced at easyHotel Paris Nord Aubervilliers. Initially built as a trial in two rooms, this concept is now being gradually rolled out across more hotels. These rooms are designed to use fewer raw materials, featuring Cradle-to-Cradle certified bedroom flooring, sustainably sourced timber bed frames, skirting, and door frames. Even the room stools are made from 100% recycled plastic. These low-carbon rooms emit 39% less carbon than other 2-star hotels per room per night. |
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In March 2024, easyHotel announced their involvement in developing the BBCA’s new low-carbon label, specifically designed for hotels across France. The BBCA low-carbon label for new construction, renovation, and operation measures a hotel's carbon footprint throughout its lifecycle and serves as a performance label to highlight exemplary buildings. Sixty different hotel projects, ranging in size and style, were studied to identify specific characteristics of a hotel's carbon emissions, best practices for reducing them, and the low-carbon requirements for obtaining the BBCA label. easyHotel was an integral part of this group. |
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Additionally, April 2024 marked the official rollout of easyHotel’s new Single Use Plastic policy, which aims to eliminate single-use plastics from all guest areas of the hotels. Key measures include switching to sustainably sourced wooden key cards, replacing plastic bottles in vending machines with cans, and installing free water fountains for guests to refill their own bottles or purchase reusable ones from reception. Additionally, single-use plastic bin bags have been removed from rooms, and tea and coffee facilities have been replaced by vending machines offering more sustainable hot drinks. Toiletry dispensers have also been installed in bathrooms, replacing single-use miniature toiletries. |
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==References== |
==References== |
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Latest revision as of 21:29, 30 November 2024
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| Industry | Hotels |
|---|---|
| Founded | 19 January 2004 |
| Founder | Stelios Haji-Ioannou |
| Headquarters | London, United Kingdom |
Number of locations | 43[1] |
Area served | Europe[1] |
Key people | Karim Malak (CEO)[2] |
| Website | www |
EasyHotel (styled as easyHotel) is a low-budget hotel chain with 43 hotels in 11 European countries.[1]
History
[edit]
Originally founded by Stelios Haji-Ioannou through the easyGroup, easyHotel was incorporated in 2004[3] and opened its first hotel in South Kensington, London in 2005. Whilst easyHotel owned its first hotel in South Kensington (which was subsequently sold and franchised in 2007), its growth strategy in its early years was to expand via franchise contracts.[4]
In June 2014, the Company floated on the London Stock Exchange raising £24.5 million to fund further growth and expansion. In August 2019, directors of the company backed a £139 million bid for the company despite opposition from founder Sir Stelios Haji-Ioannou. The bidding consortium was made up of Luxembourg-based ICAMAP and Ivanhoé Cambridge of Canada. Ivanhoe is owned by Quebec’s pension company, CDPQ (Caisse de depot et placement du Quebec).[5] As of 2021, ICAMAP and Ivanhoé Cambridge now own the majority of shares in the company.[3] The majority owners also announced to invest € 50 million to vastly expand the chains operations by 2026 throughout Europe and the UK.[3]
In December 2021, Karim Malak was appointed CEO after the sudden death of François Bachetta at the age of 56 in June of the same year. In October 2022, easyHotel acquired eight franchised easyHotel properties in The Netherlands and Belgium from Crossroads Real Estate for € 145 million.[6] As of May 2024, easyHotel has 26 owned and leased easyHotel properties and 17 franchised easyHotel properties.[7]
Properties
[edit]As of May 2024, easyHotel overall maintains 42 corporately owned and franchised branches in the United Kingdom (19, of which 5 are in London), the Netherlands (7), Switzerland (5), Germany (1), France (3), Spain (3), Belgium (1), Ireland (1), Hungary (1), Portugal (1) and Bulgaria.[1] The formerly operated hotel in Dubai no longer exist, additionally two further locations in London where also closed.[1]
References
[edit]- ^ a b c d e easyhotel.com - Our hotels retrieved 21 April 2024
- ^ thecaterer.com - Minute on the clock: Karim Malak, CEO of easyHotel 13 September 2022
- ^ a b c thecaterer.com - EasyHotel secures €50m to more than triple estate by 2026 13 December 2022
- ^ easyHistory, 4th edition. easyHistory.
- ^ Travel Business Analyst, November 2019
- ^ "easyHotel acquires 8 hotels in Benelux for €145 million". Hospitality ON. Retrieved 8 June 2024.
- ^ Development, easyHotel. "easyHotel - Development". easyHotel.
External links
[edit]
Media related to EasyHotel at Wikimedia Commons
