11 JANUARY 2010

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Article from BTNews 11 JANUARY 2010

Budget hotel expansion

TRAVELODGE, the budget hotel chain owned by Dubai International Capital, has announced that it will open 26 new hotels in 2010 adding 2,000 rooms to the portfolio.  The programme represents an investment of £115m and includes new properties in Aberdeen, Chichester, Edinburgh and London.  Travelodge says that the recession been to its advantage with a desire by businesses to reduce travel expenditure.  The new 2010 hotels will take Travelodge to over 400 UK properties representing over 30,000 rooms of accommodation.  It expects to be the biggest hotel brand in the capital by the 2012 Olympics. www.travelodge.co.uk

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