A “transformational year” in the super budget hotel chain's year-end financials following a boost to its portfolio. This is yet another example of the success of the hotel and hospitality sector, notwithstanding the uncertainty in the economic landscape.
With a strong UK pipeline and a growing number of exciting European opportunities, one will need to wait and see if Easygroup and other such hotel chains can sustain this growth and success beyond March 2019! The only apprehension is that this isn't a "hotel" bubble waiting to burst!
Let's stay "checked-in" and see what happens!
Guy Parsons, chief executive officer of easyHotel plc said: “Whilst we are mindful of the current economic uncertainty facing the UK, our simple, stylish and highly affordable customer proposition resonates well with today’s cost-conscious traveller and has underpinned strong RevPar growth over the period.