27 SEPTEMBER 2010

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Article from BTNews 27 SEPTEMBER 2010

UK hotel openings

TRAVELODGE last week opened four new properties; Coventry Binley, Eastbourne Willingdon Drove, Hull York Road, Oldham Chadderton and Plymouth Roborough.  At Plymouth the former Innkeepers Lodge is situated opposite the airport.  Travelodge, which claims to be the UK's fastest growing budget hotel chain, recently announced the largest transaction in the hotel sector since 2008, by acquiring the leases of 52 Innkeeper's Lodges from restaurant and pub operator Mitchells & Butlers.  The deal boosted Travelodge's estate to 452 properties.  The 52 hotels, which include a number of grade ll listed buildings, are all adjacent to Mitchells & Butlers hostelries.  A £10m investment programme will see the branded rollout of all the properties over the coming months. www.travelodge.com

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