Travelodge to invest £14m on new hotels

04 March 2008 by
Travelodge to invest £14m on new hotels

Travelodge has unveiled plans to invest £14m in five new hotel developments, adding 416 rooms to its estate and creating 70 jobs.

The first, a 60-room hotel which will sit opposite Chester's historic Roman Amphitheatre (The Exchange, St John's Street, Chester) represents a £3m investment.

The second is a 90-room hotel situated in Torquay. The 90-room hotel will be located on Newton Road and represents an investment of £3.6m.

The third, located next to Wolverhampton Football Club is a £5m investment and will mean converting Bankfield House, a former 1960's office block on Waterloo Road to a 99-room Travelodge.

Fourth is a new hotel development site in Aberdeen, which will create 30 new jobs. The 120-room hotel, located on Justice Mill Lane, will represent an £4.8m investment.

Finally the fifth site is in Lowestoft - a 47-room hotel located on Yarmouth Road which will represents an £2.3m investment.

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By Daniel Thomas

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