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Evening Standard
Evening Standard
Holly Williams

Travelodge warns over raft of cost hikes and Budget pressures

Budget hotel chain Travelodge has warned it is facing a barrage of rising costs from wage bill hikes and Budget tax moves as it also flagged worries over consumer demand. - (PA Archive)

Budget hotel chain Travelodge has warned it is facing a barrage of rising costs from wage bill hikes and Budget tax moves as it also flagged worries over consumer demand.

The group said the upcoming above-inflation rise in the minimum wage announced this week, together with the recent rise in national insurance contributions, will see staff costs rise by about another £11 million in 2026.

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