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The Top round up of holiday 2010

The Top round up of holiday 2010

20 February 2011 Focus

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.

Travelodge snaps up 52 properties

Travelodge snaps up 52 properties

16 July 2010 Hotel News

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.

Travelodge opens its first £3 million hotel

Travelodge opens its first £3 million hotel

11 June 2010 Press Release Hotel News

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.

Management shake up at Travelodge

Management shake up at Travelodge

10 May 2010 Hotel News

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 to open 26 new UK hotels

Travelodge to open 26 new UK hotels

7 January 2010 Hotel News

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.