TIDMEZH
RNS Number : 0311O
easyHotel PLC
30 September 2019
30 September 2019
easyHotel plc
easyHotel plc
("easyHotel", the "Group" or the "Company")
BOARD CHANGES
The Board of easyHotel plc announces that, as outlined in
section two of the Offer Document posted to shareholders on the 19
August 2019, Non-executive Chairman Jonathan Lane OBE has confirmed
his intention to step down from the Board and to leave the Company
on 1 October 2019.
Following Jonathan's resignation, Non-Executive Director Scott
Christie will assume the role of Interim Non-executive
Chairman.
A search for a replacement Chairman has commenced and a further
announcement will be made when appropriate.
Commenting, Guy Parsons, Chief Executive of easyHotel plc
said:
"On behalf of both the Board and the Company, I would like to
thank Jonathan for his longstanding commitment to the Group.
"He joined the business at the time of IPO in 2014 and has
bought valuable industry expertise to easyHotel during an important
period of growth. We wish him the very best for the future."
ENDS
Enquiries:
easyHotel plc
Guy Parsons, Chief Executive www.easyhotel.com
Officer
Gary Burton, Chief Financial http://ir.easyhotel.com
Officer
Investec (Nominated Adviser
and Broker) +44 (0) 20 7597 5970
Chris Treneman / David Anderson
Houston PR (Financial PR) +44 (0) 20 3701 7660
Kate Hoare / Laura Stewart
Notes to Editors:
www.easyhotel.com http://ir.easyhotel.com
easyHotel is the owner, developer, operator and franchisor of
branded hotels. Its strategy is to target the super budget segment
of the hotel industry by marketing "clean, comfortable and safe"
hotel rooms to its customers.
Operating hotels
easyHotel has an estate of 39 hotels with 3,672 rooms,
comprising 27 franchised hotels (2,332 rooms) and 12 owned hotels
(1,340 rooms).
Owned hotels:
United Kingdom: Old Street (London), Glasgow, Croydon,
Birmingham, Manchester, Liverpool, Newcastle*, Leeds, Sheffield,
Ipswich and Milton Keynes.
Spain: Barcelona
Franchise locations:
United Kingdom: Edinburgh, London Heathrow, Central London,
Luton, Reading and Belfast.
Europe: Belgium (Brussels), Bulgaria (Sofia), Germany (Berlin,
Frankfurt, Bernkastel-Kues), Hungary (Budapest), The Netherlands
(Amsterdam: City, Arena & Zaandam, Amsterdam Schiphol Airport,
Rotterdam, The Hague, The Hague Scheveningen Beach, Maastricht,),
Portugal (Lisbon), Switzerland (Basel, Zurich).
International: UAE (Dubai).
Hotel development pipeline
The Company's committed development pipeline of owned and
franchised hotels currently consists of:
Owned hotels:
United Kingdom: Chester, Cardiff, Oxford*, Blackpool, Cambridge*
and Bristol(#) .
Europe: Ireland (Dublin(#) ), France (Paris-Charles de Gaulle
Airport, and Nice).
Franchise hotels:
Europe: Spain (Malaga), Switzerland (Zurich, Basel).
International: Iran, Sri Lanka, Turkey (Istanbul), UAE
(Dubai).
*Hotels under an operating lease.
(#) Subject to planning permission.
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END
BOABLGDCXBDBGCR
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September 30, 2019 02:03 ET (06:03 GMT)
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