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Travelodge

BMO acquires first hotel for £9.5m

BMO acquires first hotel for £9.5m

BMO Real Estate Partners, part of Canada’s BMO Financial Group, has acquired its first hotel: the Travelodge Bury St Edmunds for £9.5m, on behalf of the BMO UK property fund. Read more
Are local councils the new hotel investors?

Are local councils the new hotel investors?

Local authorities spent a record £93m in 2018 on buying hotels using low-interest loans, creating local jobs and safeguarding their future. Katherine Price investigates how councils are getting into hospitality ... Read more
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