Market Leads & Opportunities

EasyHotel to expand into Oxford

Source: https://www.insidermedia.com/

EasyHotel has unveiled plans to expand into Oxford after signing a 25-year lease on a site located less than two miles from the city centre.Located in Oxford’s Summertown, a premium residential and shopping district, the site is to be redeveloped as a mixed-use property. A new 180-room easyHotel will occupy the first and second floors of the property and is expected to open in the second half of 2019, subject to the company obtaining planning permission.Oxford will be easyHotel’s first leased site. The hotel will be developed by 4Urban Consulting Ltd, backed by the Bramall family, through its investment vehicle GHSR LLP.The new site takes the company’s pipeline of owned development projects to 781 rooms in addition to the 1,236 franchise rooms currently under development.EasyHotel was advised by specialist commercial property consultancy Hanover Green.