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."

Related news

Show more

Related products

show more

BOOK IT, latest research from Zonal and CGA

BOOK IT, latest research from Zonal and CGA

Zonal | 08-Apr-2019 | Research Study

For the first time ever, booking a table online has overtaken telephone reservations, according to the latest GO Technology report from Zonal.

2019 Trends in guest experience and reputation

2019 Trends in guest experience and reputation

Reputation.com | 01-Apr-2019 | Technical / White Paper

What are the developments and challenges in online reputation and customer experience management this year? Discover the 5 top key trends that stand to...

Confronting Foodservice Industry Challenges

Confronting Foodservice Industry Challenges

Checkit | 08-Mar-2019 | Technical / White Paper

It’s a tough environment for Foodservice, but not without opportunity. Winners will pay close attention to operational detail, using technology for efficiencies,...

Related suppliers

Spotlight

Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers