Tony Fernandes’ budget hotel chain Tune Hotels has announced plans to build another 25 hotels in the UK during the next five years.
Around GBP200 million investment is to go into the new properties, which come after the firm opened its sixth UK hotel last week.
London was the Malaysia-based company’s first foray outside of Asia where it now has four hotels along with others in Edinburgh and the newly-opened property in Newcastle.
Another London opening in Canary Wharf is planned for February as well as one in Liverpool in July.
Tune Hotel Group’s CEO Mark Lankester said: “As an entrepreneurial company, it is not about being the biggest: we are an urban fun brand, ideally suited to city centres where guests want to get out and about to explore or need a central location if on business or leisure that won’t break the bank. We will be targeting the major business cities across the UK such as London, Manchester, Birmingham and Leeds, as well as looking at key university cities where our concept has proved very popular.”
Expansion into mainland Europe is also on the cards with six hotels in Austria and another in Florence already due to open next year.