Full Year Results 

easyHotel swings to loss

easyHotel swings to loss

The temporary closure of its Old Street hotel and higher depreciation from new hotels pushed easyHotel (EZH) into a first-half loss. The budget hotel business struggled in certain European markets, too, notably in Benelux. But easyHotel’s significant outperformance of the UK hotel market and the reopening of a souped-up Old Street building bode well for the second half.

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