Sale signals healthy demand
London investor buys Edinburgh easyHotel
Acting on behalf of the owners of Parcotel, commercial property firm Colliers International sold the business to a London-based investor and operator.
The new owner will continue to operate and manage the business under the easyHotel franchise agreement.
The 29-bedroom property enjoys high occupancy levels.
Alistair Letham, a director in the UK hotels agency team at Colliers International, said: “The sale of the easyHotel signals the continuing demand for city centre hotel properties in Edinburgh, particularly when in prime locations, whether they be budget or 4/5 star standard.”