• Travelodge to build 35 hotels this year

Travelodge will build 35 hotels, totaling 3,667 rooms, in the UK this year, representing an investment of £300m.

The openings will take the group’s estate to 495 hotels. CEO Guy Parsons said: “We have demonstrated our commitment to expand and have a clear growth plan laid out which means we will reach over 1,100 hotels and 100,000 rooms by 2025.”

See the full story here:
http://www.bloomberg.com/news/2011-01-18/travelodge-boosts-its-five-year-expansion-plans-ft-reports.html

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