Tristan Capital to Buy EasyHotel in Bet on Budget Travel

Key Points

• Tristan Capital Partners acquired EasyHotel from EasyGroup and other stakeholders for approximately €242 million ($274 million), below earlier speculation but above previous valuations.
• EasyHotel operates around 50 hotels across 13 European countries and plans further expansion, especially in Spain in 2025 and 2026.
• Tristan Capital has been increasing its presence in the budget hospitality sector, with recent major investments in Point A Hotels, Centaurus Group, and Yotel.

Summary

Tristan Capital Partners, a real estate investment management firm, has agreed to acquire EasyHotel from EasyGroup, Sir Stelios Haji-Ioannou, and other investors for about €242 million ($274 million). The deal includes full ownership and a continued licensing agreement with EasyGroup for the brand. EasyHotel, which operates 50 hotels in 13 European countries, is set to expand further under Tristan's ownership, aligning with the firm's broader push into the budget hotel sector, which has included recent significant hospitality investments.