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Travelodge confirms £22m spend on three new hotels in shopping centres

14 December 2015 by
Travelodge confirms £22m spend on three new hotels in shopping centres

Travelodge has announced a £22m investment in three new hotels, which will open in shopping centres in Wood Green, Bromley and Burgess Hill.

The expansion of the budget hotel chain includes two new-build properties: a 78-bedroom hotel at The Mall Wood Green in London, owned by Capital & Regional, and a 59-bedroom hotel at The Mall in Bromley, Kent, owned by Henry Boot Development.

Meanwhile, a building within The Martlets shopping centre in Burgess Hill, West Sussex, owned by New River Retail, will be refurbished to create a 63-bedroom hotel, once planning permission has been granted. All three hotels are due to be completed in 2017.

Paul Harvey (pictured), managing director of Travelodge, said: "Building a Travelodge hotel in a shopping centre is a win-win solution. It helps shopping centre owners to add value, generate additional income and increase footfall by developing underused assets such as empty office space. Our customers benefit by being located in a quality location with a host of shops and restaurants on their doorstep."

Travelodge currently has 523 properties in the UK and is looking at the potential to open a further 250 hotels.

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