StockMarketWire.com - Budget hotel group Easyhotel on Tuesday submitted a planning application for the development of a 209-room easyHotel, close to Paris-Charles de Gaulle Airport in France.

The new-build hotel, to be developed by Linkcity, was anticipated to open in the 2020-2021 financial year, the company said.

The Group had signed an exclusive letter of intent with Groupe ADP, the owner and operator of the three main airports in the Paris region and operator of a network of 26 airports worldwide, for an operating lease agreement for the hotel.

The final agreement was subject to planning permission being granted and full legal documentation being agreed, the company added.


At 8:51am: [LON:EZJ] easyJet PLC share price was +13.5p at 1065p



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