Travelodge to open 22 new hotels

23 October 2008 by
Travelodge to open 22 new hotels

Budget hotel chain Travelodge has announced it will be opening 22 new hotels across the UK in the remaining months of the year in an investment worth £125m.

The hotels will open from now until Christmas, meaning one hotel opening every six working days.

The hotels include locations such as Heathrow Central; The Tower of London, Cardiff Atlantic Wharf and Edinburgh city centre.

The budget hotel chain also announced a deal with supermarket Aldi this week to develop mixed sites across the UK.

Travelodge plans to grow its estate to 70,000 rooms (approximately 1,000 hotels) by 2020 and aims to be the biggest operator in London by the 2012 Olympics with over 7,000 rooms in the capital.

It currently has 350 hotels - nine in Ireland, three in Spain and the rest in the UK.

Travelodge employs 5,000 staff and is owned by Dubai International Capital, who acquired the company from private equity outfit Permira in 2006.

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By Gemma Sharkey

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