Ikea to launch budget hotel chain

Hannah Ricci
Updated

Known for its pocket-friendly homewares, Swedish furniture chain Ikea is now branching into budget hotels with the US Marriott group.

Branded as Moxy Hotels, the first will open in Milan in early 2014 with plans to roll out a further 150 across Europe over the next 10 years.%VIRTUAL-SkimlinksPromo%

Advertisement