EasyHotel is to open new properties in Israel and the UK.
The super budget chain has signed a 20-year exclusive franchise agreement to develop three hotels in Tel Aviv with a total of 667 rooms to open by late 2022.
In a development update issued today, the group outlined plans to develop a 110-room hotel to open in Derby in 2021 in a franchise deal.
Planning permission has also been granted for a previously announced 209-room hotel at Paris-Charles de Gaulle airport due to open during the 2020-21 financial year.
EasyHotel chief executive Guy Parsons said: “I am pleased to report further progress against our strategy as we continue to expand our network of super budget hotels in city-centre locations, both in the UK and across international markets.
“The board believes that the current economic uncertainties will continue to present attractive investment opportunities for the brand and we look forward to announcing further updates in due course.”
