Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

EasyHotel to take over Newcastle's Tune Hotel

15 November 2017 by
EasyHotel to take over Newcastle's Tune Hotel

Budget brand EasyHotel is to take over the 104-room Tune hotel in Newcastle.

The hotel, which opened in 2014, will be rebranded next month. It has been let on a 25-year FRI (fully repairing and insuring) lease at an annual rent of £442,000.

While EasyHotel focuses on owned and franchise developments, it said that it would consider specific leased sites.

Chief executive Guy Parsons said: "This is an excellent opportunity to establish a footprint in the vibrant and popular City of Newcastle. The 104 rooms will require minimal work to bring them in line with our brand and we will open the new easyHotel Newcastle next month.

"It has been a year of accelerated growth for the group, validating our strategy of offering comfortable, affordable accommodation in key tourist and business locations in the UK and internationally. The board looks forward to announcing further opportunities for the easyHotel brand as we continue to expand our development pipeline."

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking