The Netherlands & Belgium
In May 2015 Crossroads provided a Mezzanine finance facility to easyHotel NL (DanZep) to refinance their existing indebtedness and help them finance pipeline acquisitions. The facility is secured by a portfolio of easyHotels in Amsterdam, Rotterdam, The Hague and Brussels.
DanZep is the exclusive franchisee for the easyHotel brand in the Benelux region and currently owns and operates five hotels (500 keys) in Amsterdam, The Hague, Rotterdam and Brussels.
Crossroads plans to continue to support the growth of the easyHotel brand in the Benelux region and expand into other European countries in the future.