RNS Number : 9817Y
07 January 2020
07 January 2020
("easyHotel", the "Group" or the "Company")
The Board of easyHotel plc, the owner, developer and operator of
"super budget" hotels, is pleased to announce the appointment of
François Bacchetta as Chief Executive Officer who is expected to
join the Company and the Board in Spring 2020.
François joins easyHotel from low cost airline group easyJet
where he has spent the last 15 years. As easyJet's Country Director
for France and Italy, he has significant experience operating in
the European travel market including easyHotel's core growth
countries in continental Europe. Importantly, François has a strong
understanding of the 'easy' brand and was responsible for the
country and growth strategies for his region, whilst bringing
experience of managing online trading including digital
Prior to easyJet, François held a number of senior marketing
positions at global cosmetics group L'Oréal, including being
responsible for territories in South East Asia, as well as
Commenting on the appointment, Harm Meijer, Non-executive
Chairman of easyHotel, said:
"Following a comprehensive search, we are pleased that François
is joining us to lead easyHotel in its aspiration to become a
European leader in the super budget hotel segment. He knows the
easy brand and understands its values extremely well. He also
brings a wealth of experience in developing businesses, strategy,
business optimisation, leadership, marketing and revenue
management. We look forward to working with François in the
François Bacchetta added:
"easyHotel is a business I greatly admire and I am thrilled to
be appointed. With a strong hotel network established in the UK, I
believe this is a very exciting time for the brand and I look
forward to leading the expansion in Europe as the Group seeks to
become a leader in the budget hotel space."
François Bacchetta, a French national aged 54 years, currently
holds or has held in the last five years no directorships or
There are no other matters which are required to be disclosed in
accordance with Rule 17 and paragraph (g) of Schedule Two of the
AIM Rules for Companies.
Scott Christie, Interim Chief www.easyhotel.com
Harm Meijer, Non-executive Chairman http://ir.easyhotel.com
Investec (Nominated Adviser
and Broker) +44 (0) 20 7597 5970
Houston (Financial PR) +44 (0) 20 3701 7660
Kate Hoare / Laura Stewart
Notes to Editors:
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.
easyHotel has an estate of 40 hotels with 3,759 rooms,
comprising 27 franchised hotels (2,332 rooms) and 13 owned hotels
United Kingdom: Old Street (London), Glasgow, Croydon,
Birmingham, Manchester, Liverpool, Newcastle*, Leeds, Sheffield,
Ipswich, Milton Keynes.
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:
United Kingdom: Chester, Cardiff, Oxford*, Blackpool, Cambridge*
and Bristol(#) .
Europe: Ireland (Dublin(#) ), France (Paris-Charles de Gaulle
Europe: Spain (Malaga), Switzerland (Zurich, Basel).
*Hotels under an operating lease.
(#) Subject to planning permission.
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January 07, 2020 06:00 ET (11:00 GMT)
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