Member Article
easyHotel to invest £6m in Manchester building
easyHotel, the budget hotel operator, has conditionally acquired a freehold building in Manchester to convert.
The building is located at the junction of Dale Street and Newton Street.
The purchase of the property is subject to easyHotel obtaining planning consent for a hotel.
The group plans to turn the building into a 114-bedroom easyHotel, with plans to open in summer 2016.
The total cost of the project is estimated at £6m.
Chief executive officer, Simon Champion, said: “Following so soon after our recent success in securing premises to develop an easyHotel in Liverpool, we are delighted to be investing in another vibrant city.
“Manchester has substantial international tourism, good economic growth potential, a large population and successful, internationally-renowned universities.
“We expect this new easyHotel to attract a variety of leisure and business customers looking for good quality accommodation at an affordable price and look forward to being a part of the city’s ongoing success.”
This was posted in Bdaily's Members' News section by Sophia Taha .