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Travelodge raises £100m expansion fund for 2012 Olympics

Travelodge raises £100m expansion fund for 2012 Olympics

11 December 2009 Hotel News

Travelodge is stepping up its expansion ahead of the 2012 London Olympics by raising £100m for new hotels. The fund is being created by Twenty10 Fund Management, and will be used to build five hotels every year in UK cities. Travelodge will occupy these on leases of 25 to 35 years.

Travelodge marches on with UK expansion

Travelodge marches on with UK expansion

17 November 2009 Hotel News

Travelodge is continuing its UK expansion with by announcing three new budget hotels in Manchester and Edinburgh, as part of a £50 million programme that includes a total of ten new properties.

Travelodge plans Marston’s tie-up

Travelodge plans Marston’s tie-up

29 September 2009 Press Release Hotel News

Travelodge has unveiled a partnership with Marston’s, including at a site in Somerset, in a bid to capitalise on rising demand from business travelers. The two UK companies have joined together to search for 10 new jointly occupied sites on main roads in suburban and out-of-town locations.

Mid-range UK hotels step up price war

Mid-range UK hotels step up price war

7 August 2009 Hotel News

A marketing battle between mid-range hotels in the UK has broken as operators fight to lure the leisure customer pound. Travelodge, Holiday Inn and Premier Inn are all going head-to-head as hopes of a sustained recovery in the UK hotel industry fade.

Travelodge unveils further Spanish expansion

3 July 2009 Press Release Hotel News

Travelodge has announced plans to spend €61m building three new hotels in Spain.The properties in Barcelona, Valencia and Seville will be constructed in a joint venture with property developer Citygrove, which has previously developed a number of Travelodge hotels in the UK. All three will open in 2011.

Travelodge eyes £100m fund to buy stricken hotels

18 June 2009 Press Release Hotel News

Travelodge is launching a £100 million fund to snap up the growing number of distressed hotels that are coming up for grabs in the economic downturn.The move comes shortly after its arch rival Whitbread, which owns the Premier Inn chain, warned of significant industry restructuring.

Travelodge rolls out iPhone booking

25 March 2009 Press Release Travel Technology News

Travelodge has announced a new service that will offer consumers a GPS room-booking service via 3G Apple iPhone. This new service labeled “Travelodge iBooker” will allow business and leisure travellers to search and book accommodation across the UK.