François Bacchetta — Photo by easyHotel

The following statement is issued by Harm Meijer, Chairman of easyHotel, on behalf of easyHotel and its stakeholders ICAMAP, Ivanhoé Cambridge and easyGroup:

“It is with the deepest regret that we confirm that François Bacchetta, Chief Executive Officer of easyHotel, has sadly passed away in France at the age of 56.

There are no words to describe the sense of sadness and loss we are feeling at this time. He will be greatly missed by all of us here at easyHotel and our thoughts are with his wife Angela, his two children and his entire family at this very difficult time.

François joined easyHotel in 2020. His wealth of experience, passion for our industry and dynamic leadership style has been invaluable to our business. François was one of the most charismatic, professional, talented, and modest people I have had the pleasure of working with. He cared passionately about our business and all of the people he worked with.

François leaves behind a strong executive and wider team in which we have every confidence and of which I know François was incredibly proud.”

About easyHotel

easyHotel is an affordable, low-carbon chain of value hotels. It was founded in 2004 by Sir Stelios Haji loannou and is now 79.1% owned by ICAMAP Investments S.à r.l and Ivanhoé Cambridge.

The company's purpose is to offer affordable travel to all. It now has over 40 establishments in 11 countries, with all hotels ideally located in city centres or near major transport links. Over the past few years, easyHotel has been working to achieve its ambitious growth objectives, with several developments in the pipeline in major city centres and a planned schedule of hotel openings.

ICAMAP Investments S.à r.l. is an investment fund managed by ICAMAP S.à r.l., an asset management company founded by Guillaume Poitrinal, Harm Meijer and Alexandre Aquien.

Ivanhoé Cambridge internationally develops and invests in high-quality real estate properties. It is a subsidiary of Caisse de dépôt et placement du Québec (CDPQ), a global investment group.

Operating hotels:

easyHotel has an estate of 40+ hotels with c.4,400 rooms, comprising 16 franchised hotels (c.1,400 rooms) and 26 owned and leased hotels (c.3,000 rooms)

Hotels:

United Kingdom: London Shoreditch,, London Paddington, London Victoria, London South Kensington, London Croydon, Birmingham, Manchester, Liverpool, Newcastle, Leeds, Sheffield, Ipswich, Milton Keynes, Cardiff, Oxford, Reading, Edinburgh, Glasgow, Belfast

Benelux: Amsterdam City Centre, Amsterdam Arena, Amsterdam Zaandam, The Hague, The Hague Scheveningen, Rotterdam, Maastricht, Brussels

Europe: Berlin, Charles de Gaulle (Paris), Paris Nord Aubervilliers, Nice, Barcelona, Malaga, Madrid, Zurich City Centre, Zurich West, Zurich Central Station, Basel, Lisbon, Sofia, Budapest, Dublin