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Travelodge to invest £14m on new hotels

(04 March 2008 11:09)
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Travelodge has unveiled plans to invest £14m in five new hotel developments, adding 416 rooms to its estate and creating 70 jobs.

The first, a 60-room hotel which will sit opposite Chester’s historic Roman Amphitheatre (The Exchange, St John’s Street, Chester) represents a £3m investment.   

The second is a 90-room hotel situated in Torquay.  The 90-room hotel will be located on Newton Road and represents an investment of £3.6m.   

The third, located next to Wolverhampton Football Club is a £5m investment and will mean converting Bankfield House, a former 1960’s office block on Waterloo Road to a 99-room Travelodge.

Fourth is a new hotel development site in Aberdeen, which will create 30 new jobs.  The 120-room hotel, located on Justice Mill Lane, will represent an £4.8m investment.   

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Finally the fifth site is in Lowestoft - a 47-room hotel located on Yarmouth Road which will represents an £2.3m investment.

Travelodge to adopt speed interviews to find new managers >> 

Travelodge boss urges Government to tackle decline in tourism growth >> 

New construction method to save Travelodge millions >> 

Travelodge steps up expansion programme >> 

By Daniel Thomas

E-mail your comments to Daniel Thomas here.

 

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5th September 2008