Travelodge searches for 10 new Scotland sites

10 July 2014 by
Travelodge searches for 10 new Scotland sites

Travelodge has announced that it is seeking 10 new sites in Scotland with £75m set aside for its expansion.

The budget chain currently has 40 hotels in the country, 11 of which are in Edinburgh, but said there was room for growth.

Chief executive Peter Growers said: "There is a big opportunity to further expand in Scotland. At present, the value hotel market in Scotland stands at 14%, compared with 18% in England and more than 30% in the US. By 2030, the budget hotel sector could account for almost a quarter of the UK market, with a similar level of growth expected in Scotland."

Travelodge has spent £4m in the past year modernising half of its Scottish hotels as part of a UK wide £57m refurbishment programme.

Travelodge seeks 10 new hotels in Hampshire >>

Travelodge Bath Waterside sold under the terms of CVA agreement >>

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking