London-based investment firm Tristan Capital Partners is set to acquire the budget hotel brand easyHotel in a deal valued at approximately €200 million.
As part of the transaction, Tristan Capital Partners will take full ownership of easyHotel, acquiring 100% of the company’s shares, effectively resetting its ownership structure.
EasyHotel, which is part of the easyGroup, went public on the London Stock Exchange in 2014. Since 2019, it has been predominantly owned by equity funds ICAMAP and Ivanhoé Cambridge, which took the company private in 2020.
Stelios Haji-Ioannou, founder and chairman of easyGroup, who holds a 17.4% stake in easyHotel, expressed support for the deal. “As is typical with private equity cycles, it’s time for the current owners to sell their shares to a new buyer,” he said in a statement.
CEO Karim Malak added that the acquisition will aid in the company’s expansion, noting a surge in interest from potential partners keen to open new easyHotel locations.
Kristian Smyth, managing director of investments at Tristan Capital Partners, emphasized that the budget hotel sector is a key focus for the firm. He stated that the acquisition aligns with the firm’s strategy to “significantly expand” its presence in this market.
Currently, easyHotel operates nearly 50 properties, offering about 4,900 rooms across the UK and Europe.
Related topics:
- Trump Tariffs Adding Uncertainty to Transatlantic Travel, Warns European Travel Commission
- Trafalgar Expands Into Europe River Cruising in 2026
- OneBefore Partners with Freedom Insurance to Launch New Travel Insurance Product