• Travelodge adds 8 London hotels

Travelodge announced that it has exchanged contracts on eight new hotels in the UK capital over the last six months.

Paul Harvey, MD of development said: "It is no exaggeration to say that every tube station could sustain a budget hotel and we have set an ambitious growth target over the forthcoming years in London." The group said it was on track to have at least 50 hotels and nearly 7,000 rooms in London for the start of the Olympic Games.

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