Press: Dubai firm wants to buy Travelodge

3rd Jul 2006

The Middle Eastern investment firm that owns Madame Tussauds has made an approach to buy Travelodge, the privately-owned budget-hotel operator which is valued at up to 750 mln stg, according to the Sunday Times. The newspaper says Dubai International Capital has registered an interest in the hotel chain and met the management team, led by chief executive Grant Hearn.


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