Sir Stelios Haji-Ioannou buys £2.3m easyHotel in Glasgow

16 December 2013 by
Sir Stelios Haji-Ioannou buys £2.3m easyHotel in Glasgow

Budget hotel chain easyHotel, owned by easyJet founder Sir Stelios Haji-Ioannou (pictured), has bought a 125-room hotel in Glasgow for £2.3m.

The site on Glasgow's Hill St, previously owned by an easyHotel franchisee, doubles easyHotel's exposure to the Scottish market, with next year's Ryder Cup golf tournament and Commonwealth Games expected to attract thousands of additional visitors.

Simon Champion, easyHotel chief executive officer said: "Stelios and the easyHotel management team are delighted to be directly invested in Glasgow.

"We believe our product is perfectly suited for cost conscious business and leisure travellers while supporting local employment and food establishments, as well as nearby businesses. With over half of our customers coming from outside the UK, we should also help to attract an international clientele to Glasgow."

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