easyHotel plc announced that it has acquired a central freehold site in Bristol where it expects to develop a 145-bedroom freehold easyHotel, subject to planning permission. Located on West Street opposite the Cabot Circus shopping centre, just 0.5 miles from Bristol Temple Meads station, the site is close to Bristol city centre with its excellent range of shops, restaurants and local attractions. Known for its shipping and trading heritage, the city's modern economy is built on the creative media, electronics, aerospace and financial services industries with the original city-centre docks having been redeveloped into a popular centre for heritage, leisure and culture. The company will develop the site for the purpose-built easyHotel which, subject to planning consent, is expected to open in 2020. The total forecast cost of acquisition and construction will be approximately £12 million. The Group is also pleased to confirm that planning permission has been granted for the development of its new purpose-built 180-room hotel in Oxford.