Article from BTNews 24 FEBRUARY 2020
Travelodge plans 20 more London hotels
Two hotels opened in London in one week and 20 more coming to the capital over the next five years is keeping up the momentum at Travelodge, which says it is actively seeking opportunities in more than 100 London locations to meet demand.
The company says the expansion programme, which so far has boosted its portfolio to 589 hotels, including 77 properties in the capital, will create more than 500 new jobs and could represent an investment of £350m by third-party investors.
The two newest hotels, including the first Travelodge in Beckton and the second in Dagenham within 12 months, between them represent an investment of £22m by third-party investors and have created 55 new jobs.
The 113-room Beckton property is a key part of the newly-completed SEGRO Park Newham and features an on-site restaurant called the Bar Café and a dedicated business floor featuring the company’s premium SuperRooms.
London Dagenham East Travelodge, with 78 rooms, has been built in partnership with Barking & Dagenham Council and Be First, the council’s regeneration organisation.
Travelodge UK development director Tony O’Brien said: “London is a world-class destination for business as well as leisure travellers and there is a desperate need for more good-quality, low-cost accommodation, especially across the boroughs.”
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