Announced

Completed

easyHotel completed the acquisition of eight Benelux hotels from Crossroads Real Estate for €145m.

Synopsis

easyHotel, budget hotel chain, completed the acquisition of eight Benelux hotels from Crossroads Real Estate, a real estate private equity, for €145m ($143m). “This strategic acquisition is an important milestone in our plan to increase our presence in continental Europe from a strong UK base. Consumers place increasing importance on value, hence increasing demand for affordable hotels across Europe and the UK, a trend which we expect to continue given current inflation," Karim Malak, easyHotel CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US