Travelodge reveals10 new openings worth almost £50m

17th November 2009, 11:57am

Travelodge has announced plans to open 10 new hotels worth a massive £47 million.

Giving the hotel company an additional 857 rooms, the expansion will also create 250 jobs.

The new hotels will be located in Edinburgh Rose £2.9m, Edinburgh Waterloo Place £8.0m, High Wycombe Octagon £6.5m, Ipswich £3.7m, Llanelli £2.0m, London Ealing £6.9m, Manchester Piccadilly £7.9m, Newbury £2.7m, Newcastle Under Lyme £3m, and Wadebridge £3m.

Travelodge's managing director for development, Paul Harvey said: "With 60 exchanges announced in 2009, we have now signed more hotels this year than ever before. 

"Whilst the property market is still challenging we have been able to add some fantastic sites to our estate. With this selection of hotels, we have managed to enter new towns for the first time and also build on our strength in the major cities.

"We are now the biggest hotel brand in Edinburgh having doubled our room stock in the city in the last 24 months and now operate eight sites in Manchester."

The budget hotel chain has also recently secured planning permission for Newton Abbot, Colwyn Bay, Maidenhead, Ealing and High Wycombe.

Related Articles:

• 16 Nov 2010 - Travelodge exchanges £24m contracts on two hotels
• 23 Aug 2010 - Travelodge cements presence in Edinburgh with 11th hotel opening
• 28 Jul 2010 - Travelodge to sponsor Champion Bottled Beer of Britain competition
• 16 Jul 2010 - Travelodge bolsters aggressive growth plans – by acquiring 52 Mitchell and Butler pub group Innkeeper Lodges
• 06 Jul 2010 - Boris Johnson opens Travelodge's 400th hotel in London Waterloo
• 01 Oct 2009 - Travelodge and Marston's join forces
• 17 Aug 2009 - Travelodge launches first Essex hotel
• 18 Jun 2009 - Travelodge launch £100m raid for struggling hotels
• 05 Jun 2009 - Business set to boom for UK hoteliers
• 29 Apr 2009 - Hotel room sold every second at Travelodge
• 25 Mar 2009 - UK's first Travelodge iBooker launches today
• 18 Mar 2009 - Travelodge's website most visited in UK
• 19 Nov 2008 - Price cuts at Travelodge
• 14 Aug 2008 - Travelodge expands its portfolio
• 08 Aug 2008 - Travelodge helps the long-term unemployed
• 24 Jun 2008 - Travelodge to launch Chester Central Hotel

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