Travelodge to open four ‘budget chic’ hotels this month, including in London’s Elephant and Castle and Manor House November 22, 2021 Travelodge has announced four new hotels will be open in time for Christmas as bosses hope to cash in on families looking to travel during the festive season, with most of them to be offering ‘budget chic’ rooms. Two new sites have already opened in London, in Elephant and Castle and Manor House, with a [...]
Travelodge opens seven new hotels ahead of domestic summer travel boom June 7, 2021 Travelodge, what is thought to be the UK’s first budget hotel chain, have opened the doors to seven new hotels today following a £70m injection. The seven properties, which form part of 17 hotels that are expected to open later this year, are set to create around 150 jobs. Dotted across St Albans, Boston, Faringdon, [...]
Travelodge to open 17 new hotels in 2021, creating 360 jobs May 4, 2021 Travelodge this morning announced that it will open 17 new hotels this year, creating 360 new jobs across its network. The new hotels mean that the firm will have a total of 597 venues across the UK, Ireland, and Spain. Two of the new hotels will be in London, with the rest spread around the [...]
Travelodge’s interim chief executive Craig Bonnar secures permanent role May 10, 2021 Travelodge has appointed Craig Bonnar as its new chief executive, six months after former boss Peter Gowers stepped down. Bonnar took the reins as interim boss at the start of the year having previously served as Travelodge’s chief operating officer since January 2017. Gowers resigned last November following the conclusion of a dispute with its [...]
LXi and Londonmetric agree mega-merger to create UK’s fourth largest real estate investment trust January 11, 2024 Following completion, existing Londonmetric shareholders will hold approximately 54 per cent and LXi shareholders will hold approximately 46 per cent of the enlarged group.
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".
Investment in London hotels sinks to lowest in a decade – but rate cut prospect boosts confidence February 2, 2024 In January, Starwood Capital acquired the 10-hotel Radisson Edwardian portfolio for a reported £800m, most of which is in central London.
Landlords desert Travelodge to set up rival operator July 24, 2020 Dozens of Travelodge landlords are set to ditch the budget hotel chain to set up a rival company, following an acrimonious battle with the firm over rent cuts during the pandemic. Around 80 hotels will desert Travelodge to sign new leases with Goodnight, a new brand set to be formally announced later today. The Goodnight [...]
Swiftonomics strikes with Eras Tour set to spark £1bn spending binge May 15, 2024 When the tickets were released last July, ticket sales sparked a 15.8 per cent increase in UK spending on entertainment.
Half term: Brits to inject £4.5bn into economy with Halloween staycations October 21, 2021 Families will inject £4.5bn into the economy with half-term staycations this month. Just under half of UK families will take a short break this half-term, according to the Travelodge Holiday Index. The hotel chain found London topped the list as most popular city and Halloween-themed destination. Those looking to enjoy Halloween on a staycation can [...]