No-frills EasyGroup eyes Cyprus hotels sector

Easygroup, which owns British low-cost airline easyJet, plans to branch out on the Mediterranean holiday island of Cyprus with its easyHotels franchise, a company spokesman said last Wednesday.
EasyHotels is looking for business partners on the picturesque island, which is visited by more than 2.3 million tourists a year.
The tourism sector represents about 15per cent of Cyprus's gross domestic product.
``This is an opportunity to expand the brand,'' said Marios Missirlis, a spokesman for the chain in Cyprus.
``We are now expanding rapidly. There are two hotels, one in London and one in Switzerland. Another two will open in London by the end of this year and we have signed contracts with a Dubai-based firm to open 38 easyHotels over the next five years in North Africa, the Middle East, India and Pakistan.''
03/11/06 The Brunei Times, Brunei Darussalam

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