Guy Parsons steps down as EasyHotel CEO

21 November 2019 by
Guy Parsons steps down as EasyHotel CEO

Guy Parsons has stepped down from his role as chief executive of budget brand EasyHotel after four years.

Scott Christie, currently non-executive interim chairman, has become interim chief executive until a new chief executive is appointed. The search for a new chief executive has already commenced.

Investor consortium Bidco took control of the board of the budget hotel chain earlier this year. The company, owned by a consortium of Cadim Fonds, part of Canadian real estate company Ivanhoé Cambridge, and real estate firm ICAMAP, launched a successful £138.7m takeover bid for the company, despite Easy Group founder Sir Stelios Haji-Ioannou saying the bid undervalued the company.

Harm Meijer, currently a non-executive director, is from today appointed to the role of non-executive chairman. Michael Neuman of Ivanhoé Cambridge and Charles Persello of ICAMAP Advisory have also been appointed non-executive directors.

Meijer said: "On behalf of the board and all of the company's stakeholders I would like to thank Guy for his significant contribution and the key role he has played building the brand, the hotel portfolio and guests' experience. Guy leaves the company with our best wishes and I personally wish him every success for the future.

"I would also like to welcome to the board both Michael and Charles. I believe their wealth of European property and financial experience will benefit the Company as EasyHotel continues its journey to fulfil its potential as a leading European budget hotel company."

EasyHotel is one of the spin-off brands from Sir Stelios' EasyGroup, best known for its budget airline EasyJet. The brand was launched in 2005 with its first property, a 34-bedroom hotel in London's Kensington, and now owns 11 hotels in the UK and franchises eight.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking