TIDMEZH
RNS Number : 2131U
easyHotel PLC
21 November 2019
21 November 2019
easyHotel plc
easyHotel plc
("easyHotel", the "Group" or the "Company")
Board Changes
The Board of easyHotel plc, the owner, developer and operator of
"super budget" hotels, announces that Guy Parsons has decided to
step down from his role as Chief Executive and will leave the
Company on 21 November 2019. Guy has led the Company since 2015,
during which time he has overseen the doubling of the hotel estate
to some 40 hotels in the network with 3,759 rooms.
Scott Christie, currently Non-executive Interim Chairman, will
from today become Interim Chief Executive Officer until such time
as a new Chief Executive is appointed. The search for a new Chief
Executive has commenced and a further announcement will be made as
appropriate.
Harm Meijer, currently a Non-executive Director, is from today
appointed to the role of Non-executive Chairman.
The Board also announces the appointments of Michael Neuman and
Charles Persello to the Board as Non-executive Directors with
immediate effect.
Michael, a qualified Member of the Royal Institute of Charted
Surveyors, joined Ivanhoé Cambridge in 2014 as a director of
investments, Europe and currently serves as vice president,
investments, Europe. Prior to his current role, Michael had worked
as a senior investment and asset manager for Unibail Rodamco since
2009.
Charles, a Director at ICAMAP Advisory, has over eight years'
commercial real estate experience previously working at
Unibail-Rodamco between 2011-17 both in retail development in
France and subsequently in asset management in Germany.
Commenting, Harm Meijer, Non-executive Chairman of easyHotel plc
said:
"On behalf of the board and all of the company's stakeholders I
would like to thank Guy for his significant contribution and the
key role he has played building the brand, the hotel portfolio and
guests' experience. Guy leaves the company with our best wishes and
I personally wish him every success for the future."
"I would also like to welcome to the Board both Michael and
Charles. I believe their wealth of European property and financial
experience will benefit the Company as easyHotel continues its
journey to fulfil its potential as a leading European budget hotel
company."
Michael Neuman (aged 35 years) currently holds or has held the
following directorships or partnerships in the past five years:
Current Directorships or Partnerships Previous Directorships or Partnerships
N/A N/A
Charles Henri Persello (aged 32 years) currently holds or has
held the following directorships or partnerships in the past five
years:
Current Directorships or Partnerships Previous Directorships or Partnerships
Grandi Stazioni Retail S.p.a. N/A
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.
ENDS
Enquiries:
easyHotel plc
Harm Meijer, Non-executive Director www.easyhotel.com
http://ir.easyhotel.com
Investec (Nominated Adviser
and Broker) +44 (0) 20 7597 5970
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 40 hotels with 3,759 rooms,
comprising 27 franchised hotels (2,332 rooms) and 13 owned hotels
(1,427 rooms).
Owned hotels:
United Kingdom: Old Street (London), Glasgow, Croydon,
Birmingham, Manchester, Liverpool, Newcastle*, Leeds, Sheffield,
Ipswich, Milton Keynes.
Spain: Barcelona
France: Nice
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).
Franchise hotels:
Europe: Spain (Malaga), Switzerland (Zurich, Basel).
*Hotels under an operating lease.
(#) Subject to planning permission.
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END
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