The Hungarian capital Budapest will become the next destination to have an EasyHotel, it has been announced.

The buget hotel group has agreed a franchsie for the new property that is due to open in Spring 2007 offering rooms for as little as €29 per night.

EasyHotels already exist in London and Basel, Switzerland, and a major franchise agreement has been signed to build 38 in India, the Middle East and north Africa ofver the next five years.

The Budapest hotel will have 57 small bedrooms with ensuite facilities and be located in the middle of the city. There will be no food or beverage outlets in the premises.