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Travelodge looks set to remain as operator of 10 of the 49 hotels it is due to shed

22 January 2013 by
Travelodge looks set to remain as operator of 10 of the 49 hotels it is due to shed

It is believed that up to 10 of the 49 hotels that were expected to be offloaded by Travelodge, under terms of a financial restructuring, will now continue to be operated by the budget hotel company.

Now, it is expected that the company will retain the leases of up to 10 of the hotels, after coming close to reaching new agreements with the landlords.

In the meantime, negotiations between new operators and landlords are progressing with the remaining 39 hotels, although it is not believed any firm deals have been signed.

Earlier this month, Caterer and Hotelkeeper reported concerns amongst Travelodge staff that new operators would not be found prior to the 16 March deadline and that some hotels would close with extensive job losses.

However, a spokesperson for Travelodge, said the company was "confident that all 49 hotels would have new operators by 16 March."

Staff fear for jobs as deadline to find Travelodge operators nears >>

Travelodge creditors approve CVA >>

Travelodge to offload six hotels >>

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