2010 ended with a bang at online travel retailer lowcostholidays.com. With yearly sales up 75% and annual site visits up 96% it looks like lowcostholidays is due to smash its already impressive ranking as the Sunday Times Virgin 100 20th fastest growing companies 2009.
Following the announcement of the royal wedding date of Prince William and Kate Middleton, the UK’s fastest growing hotel chain Travelodge, this morning reported it has seen a stampede of international and British visitors to its booking website – resulting in a double digit increase in London room bookings.
The nations’s first budget hotel chain has celebrated its 25th anniversary at the UK’s very first budget hotel
Budget hotel operator Travelodge has continued its aggressive expansion programme with the acquisition of 52 properties from Mitchells & Butlers. The deal – believed to be worth £90 million – will see M&B use the net proceeds to reduce debt and fund capital investment in growth brands.
Today, the leader of the Council, Councillor Simon Tagg and the Mayor of Newcastle-under-Lyme, Councillor Ann Heames were joined by the town’s up coming artists from Wolstanton High School to officially open Travelodge’s first hotel in Newcastle-under-Lyme town centre.
In a UK-first, Travelodge is introducing dedicated ‘Sleep Wardens’ to patrol its 383 UK hotels in a bid to help its 9 million customers get a good night’s sleep.
Travelodge has just opened its tenth hotel in Edinburgh, making the budget hotel chain the largest hotelier in Scotland’s capital city.
Travelodge, the UK’s fastest growing hotel chain, today announced that Guy Parsons, previously Managing Director UK, has been appointed Chief Executive Officer.
Travelodge UK has promoted managing director Guy Parsons to chief executive as the budget hotel chain seeks to maximise growth ahead of a potential sale. The budget hotel sector is expected to double in size during the next two decades, with the Thame-based company seeking to maximise growth over the period.
Travelodge has announced plans to open 26 new hotels in the UK this year in a programme worth £115m. The expansion will create over 2,000 rooms as well as 500 new jobs within the budget hotel chain.