Latest news with #KarimMalak
Skift
4 days ago
- Business
- Skift
EasyHotel CEO Lays Out Growth Plans After Private Equity Buyout
It's scaling back a plan to double its hotels and it's not focused on profits. But expect a lot of growth in Spain and more franchising. EasyHotel plans to accelerate its growth across Western Europe following its acquisition this week by private equity firm Tristan Capital Partners. 'There's a lot of appetite in the market for budget hotels,' EasyHotel CEO Karim Malak told Skift. 'From a customer angle, the segment is growing in Western Europe and elsewhere. From an investor angle, it's an excellent asset class.' The deal, finalized on June 5, had a transaction value exceeding €400 million (about $455 million). Tristan now owns 100% of the budget hotel chain, which includes 48 properties and roughly 4,700 rooms across 11 countries. 'They're acquiring hotels, but they're also acquiring a platform to grow more hotels in Western Europe in the next couple of years. It only makes sense for them if there's growth,' he added. Founder Exit and Brand Continuity As part of the tran
The Independent
14-05-2025
- Business
- The Independent
EasyHotel CEO on 'taking on the big boys' and E2E recognition
Karim Malak, CEO of easyHotel, shares his vision for affordable, sustainable travel and the company's ambitious growth plans across Europe. Speaking about the challenges and opportunities in the hospitality sector, Malak also reflects on the value of connecting with like-minded leaders through E2E and how the platform that champions entrepreneurship and business growth. His insights offer a compelling look at how innovation and accessibility can go hand-in-hand in reshaping the future of budget travel. For more information and to see the full E2E International 100 2025 list click here. To find out more about E2E, visit
