Travelodge to Open 26 New Hotels in UK
January 7, 2010 - Travelodge has announced plans to open 26 new hotels in the UK this year in a programme worth £115m. The expansion will create over 2,000 rooms as well as 500 new jobs within the budget hotel chain.
The expansion will take Travelodge's UK portfolio to more than 400 properties and 30,000 rooms, and will include new hotels in London, Edinburgh, Aberdeen, Colwyn Bay and Morecambe.
Travelodge chief executive Grant Hearn said: “Despite a very challenging market, we have chosen to invest and grow throughout the recession and for many more years to come.
“The prevailing economic climate has accelerated the forecasted structural change of the hotel market as consumers have chosen low-cost, quality accommodation rather than overpriced full-service and mid-market establishments.”
Travelodge said it would continue to target the long-term unemployed for recruitment.
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