Travelodge reveals ambitious UK expansion plans

By Carina Perkins contact

- Last updated on GMT

Travelodge will open 15 hotels in the UK this year, with potential for a further 150 properties over the next eight years
Travelodge will open 15 hotels in the UK this year, with potential for a further 150 properties over the next eight years

Related tags: Hotel, River thames

Travelodge will open 15 hotels in the UK this year, with potential for a further 150 properties over the next eight years.

The 15 new hotels due to open in 2015 represent an investment of £100m and will create 400 hospitality jobs across the country.

They include four new London hotels and properties in key regional locations including central Glasgow, the Thames Valley tech corridor, Southampton and Bristol.

Travelodge chief executive Peter Gowers said: ​“We are well underway with our plans to build new Travelodge. We’re investing more than £100m in modernising our hotels for our customers and we now have 87 per cent of guest rooms upgraded to our new look.  

"In 2015 we are opening 15 new hotels, creating 400 new jobs and extending our network still further."

Long term plans

Travelodge achieved 17 per cent RevPAR growth in 2014, making it the fastest growing major UK hotel brand for like-for-like sales in 2014.

The group said it has 'identified potential' for a further 150 UK hotels by 2022, and recently signed the first three hotel developments as part of these long-term plans in London Dagenham, Dover and Peterhead.

“With our modernised hotels and unbeatable value, we are well placed to serve the rapidly growing demand for low-cost travel,” said Gowers.

“We see the potential for more than 150 further hotels across the UK and look forward to creating more great places to stay and thousands more jobs over the years ahead.”

Chancellor George Osborne, who visited Birmingham Airport Travelodge hotel today as part of a Midlands visit with PM David Cameron, welcomed the hotel brand’s ambitious plans.

“The expansion of a great British brand like Travelodge within a growing hotel and leisure industry in the UK is fantastic news,” he said.

Related topics: Business & Legislation, Openings, Hotel

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