‘Super-budget’ hotel to open in the capital in 2019/20
A NEW easyHotel is set to open in Cardiff in 2019/20 – making it the first ‘super-budget’ venue in Wales.
The company have announced that planning permission has been granted for the new 120-room hotel at 1-3 Fitzalan Place.
Earlier this year the chain announced plans to demolish the vacant Cromwell House which is currently on the site.
The five storey Cromwell House has been vacant since July 2016 after its then only tenant, in the University of South Wales, moved out.
The near 15,000 sq ft hotel, where rooms can be booked in advance for as little as £20 a night, is set to open in 2019/20.
Around 69% of all easyHotel customers are aged between 18-44. Based on a projected 90% room occupancy rate, its Cardiff hotel would accommodate more than 66,000 overnight guests a year.
Speaking recently easyHotel’s chief executive, Guy Parsons, said: “We are delighted to be investing in Cardiff, a well-connected modern city that attracts 20 million visitors each year.
“This acquisition is part of our ongoing strategy of offering comfortable, affordable accommodation in key tourist and business locations in the UK and internationally.
“We expect easyHotel Cardiff to attract a variety of leisure and business customers and look forward to being part of the city’s ongoing growth and success.”
The Cardiff hotel has been designed by Axiom Architects.
The Cardiff office of property advisory firm Fletcher Morgan acted for easyhotel on acquiring Cromwell House from G Capital.
The Cardiff office of Savills acted for G Capital on the property deal.
John James, of Fletcher Morgan, said: “After an extensive search for sites we are delighted to have concluded the deal on behalf of easyHotel using our extensive knowledge of the local marketplace.”
EasyHotel currently has hotels in London, Edinburgh, Birmingham, Glasgow, Manchester and Liverpool and has secured planning permission to bring forward hotels in Leeds Sheffield and Ipswich.
The chain now have 29 hotels in their portfolio, with their newest venture in Belfast set to open on August 10.
There are also plans to open a 174-room hotel in Switzerland, with four more hotels in Zurich and one in Basel over the next 14 months.