Travelodge will open seven hotels in July, with four of the sites being located in London, making the budget hotel chain the largest hotelier in the capital for the Olympic Games. At a combined investment value of £36 million, these new openings (in Balham, Enfield, ExCel and Woolwich) will mean that Travelodge has 54 hotels in London.
Travelodge is opening its 13th hotel in Edinburgh city centre with clothing retailer Arcadia Group. The new property is part of a £18.5 million investment drive that will create 40 new jobs.
Sabre Travel Network, a global technology company serving travel suppliers and agencies, has extended its content agreement with Travelodge Hotels. The deal means more than 350,000 Sabre-connected travel agents around the world now have access to more than 475 Travelodge properties in the UK and Ireland.
Directors at budget hotel chain Travelodge have ousted Guy Parsons as chief executive officer, with Grant Hearn to return to the position. Parsons took over from Hearn in 2010, but will now leave the company on April 20th.
UK’s fastest growing hotel company, Travelodge, has announced it will be opening 41 hotels (3610 rooms) this year and creating 1,000 new jobs across the UK.
Travelodge has outlined plans to expand into a number of rural locations across the UK. The budget hotel chain said earlier it would spend £135 million acquiring up 37 new hotels at locations near National Parks in the UK.
Travelodge has announced it has exchanged contracts on 22 new hotels across the UK at a combined investment value of £165 million. Low-cost Travelodge has also signed up to a new partnership with Arcadia Group, the UK’s largest privately owned clothing retailer, which will see a new hotel launched in Edinburgh.
Travelodge has outlined plans to develop ‘Metro’ style hotels in prestigious locations and in office blocks across the UK in a bid to meet the growing demands of its customers. The properties - which will be between 20 to 40 rooms in size - will allow the brand to build small hotels in highly priced, much sought after locations and occupied office buildings across the UK.
Travelodge Hotels has announced the appointment of Gerald Lawless, Executive Chairman of Dubai-based luxury hospitality brand, Jumeirah Group, as a Non Executive Director. He will join the board with effect from 3 May 2011.
Travelodge has confirmed it will channel £100 million into a 36 site expansion programme in partnership with the UK’s resurgent pub companies by 2015. Already co-located with pub companies on 15 bespoke developments across the UK, Travelodge is now actively working with Greene King, JW Lees, Marston’s, Mitchells & Butlers and JD Wetherspoons to find further development opportunities across the country.