EasyHotel in Edinburgh sold to London-based investor and operator

By Liam Garrahan contact

- Last updated on GMT

EasyHotel in Edinburgh sold to London-based investor and operator

Related tags: Hotel

The easyHotel on Edinburgh’s Princes Street has been sold to a London based investor and operator for around £1.75m.

The new owner will continue will continue to operate and manage the business under the easyHotel franchise agreement.

The 29-bedroom hotel offers views of the city and experiences high occupancy levels.

Alistair Letham, a director in the UK hotels agency team at Colliers International, said: “The sale of the easyHotel signals the continuing demand for city centre hotel properties in Edinburgh, particularly when in prime locations, whether they be budget or 4/5 star standard.

"With the easyHotel’s location on Princes Street, some of the hotel's bedrooms have the finest views in the city, across the Princes Street Gardens to Edinburgh Castle."

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