easyHotel acquires 125-year lease in Milton Keynes
easyHotel
76.00p
17:04 18/05/20
Budget hotel operator easyHotel will set up shop in Milton Keynes following the acquisition of a 125-year lease in the area.
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17:09 25/04/24
easyHotel's acquisition of the Milton Keynes site came shortly after planning permission for a 124-bedroom hotel had been granted by local authorities.
Conversion works for the central site, which forms part of Norfolk House on Silbury Boulevard, has begun with the hotel itself anticipated to open in 2019.
Separately, easyHotel, which announced its acquisition of a 109-bedroom hotel in Chester on 11 April, told investors the property was in the first stage of development and should also open in 2019.
Following the opening of easyHotel Maastricht earlier in July, the total number of hotels in the group rose to 28.
As of 1040 BST, easyHotel shares had collected 0.43% to 118p.