Report

QuickView: Getting easier

easyHotel is a leading “super-budget” hotel operator, taking the concept of budget hotel accommodation one step further than established budget brands. Ignoring a flat hotel market, H116 like-for-like sales are up 8%. The management team of Guy Parsons (ex-Travelodge CEO), appointed August 2015, is making itself felt with a defined pipeline that should see the number of managed rooms double over the next two years. The valuation reflects a growing assurance of shareholder returns that should follow.
Underlying
Easyhotel

EasyHotel is an international owner, developer, operator and franchisor of easyHotel branded hotels. Co. has two main reportable segments: owned properties, which is involved in hotel operations carried out in its's owned hotels and properties; and franchising, which involves its franchised hotel operations, in connection with the license of its brand name. As of Sept 30 2017, Co. had an estate of 26 hotels.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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