EasyGroup plans to branch out on the Mediterranean holiday island of Cyprus with its EasyHotels franchise.
Reuters quoted EasyHotel spokesman Mario Missirlis yesterday as saying: "This is an opportunity to expand the brand."
EasyHotel has a hotel operating in London and one in Switzerland, with a second London franchise due to open this year.
In May, the company announced a £220m franchise deal for 38 new properties in the Middle East, North Africa, India and Pakistan.
By Chris Druce