Hotel chain eyes 205 new sites mainly in London and south-east to exploit UK’s widening appetite for cheap stayovers
Budget hotel chain Travelodge is planning to capitalise on the UK’s growing appetite for cheap stayovers with a £1.3bn expansion programme this year that will target 205 new hotel sites, mostly in London and the south-east.
The move, revealed in Property Week on Friday is a sign of renewed ambition from the once-struggling chain, which almost went bust in the aftermath of the financial crisis and was only saved when its creditors agreed a bailout deal.
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