Travelodge has announced plans to open six new hotels this year as well as starting construction of sites for 2023. Four are located in London – Docklands, Lewisham, Peckham and Wimbledon – while the group will open sites in Braintree (Essex) and Hexham (North East).
The proposed expansion represents an investment of hundreds of millions of pounds, creating hundreds of new jobs.
Steve Bennett, Travelodge chief property & development officer said: “2022 marks an important milestone in the evolution of Travelodge, as we launch our new premium look and feel budget-luxe Travelodge design hotels and expand our estate with new hotels and in-house restaurants. We are seeking to continue this expansion with plans for more than 75 new Travelodge hotels throughout the UK over the next five years, which will create around 2,000 new jobs.
“As we look to the future, the long-term prospects for low-cost hotels remain strong. Britain has become a nation of value conscious travellers, with more of us choosing to stay in budget hotels than any other hotel type, supporting our plans to expand our hotel network.
“It is also an interesting time for the property sector as the Covid pandemic has accelerated major change and opened opportunities for us to take Travelodge to new locations.”
