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The new 55-bed hotel represents a £2.2m investment into the town and has created 10 jobs in Wadebridge.
As a result of the new opening, Wadebridge is set to benefit from an estimated £689,000 tourism revenue spent in the local economy from its customers spending.
Simon Leigh, Wadebridge Travelodges hotel manager, commented: "I am really excited about opening my first hotel in Wadebridge. We have seen a high demand for low-cost accommodation within the area, which is why we have opened three sites in less than 12 months in the region.
"We offer rooms from £19 making it more affordable for business and leisure travellers visiting the town. My team and I are looking forward to serving the new set of customers the hotel will bring and we are excited about being an active part of the community in Wadebridge."
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