Travelodge targets conference and event venues for £100m expansion

05 October 2018 by
Travelodge targets conference and event venues for £100m expansion

Budget brand Travelodge has announced a £100m expansion plan targeting locations around the UK's largest conference and event centre locations.

Travelodge said that there is a shortage of "good quality and low cost accommodation for delegates and event goers" in what is an expanding events sector. As a result, it is now focused on expanding its current portfolio of 39 conference and event located hotels with a further 10 properties.

The 10 sites Travelodge is focused on include those around the following venues: ACC Liverpool & Echo Arena (Liverpool); Alexandra Palace (London); Bournemouth International Centre; Brighton Centre; Edinburgh International Conference Centre;Manchester Central Convention Complex; Olympia (London); Queen Elizabeth Centre (London); Ricoh Arena & Coventry Conference Centre; and the SEC Centre (Glasgow).

Paul Harvey, managing director - property at Travelodge, said: "Our hotels located close to conference and event centres are literally booked out as soon as event dates are released and value seeking attendees will even book into a Travelodge up to 20 miles from the event venue."

"Therefore in response to the growing events market, we are actively searching to extend our network with a further 10 hotels close to UK popular conference and events centres. This expansion will offer more choice and greater value to delegates and eventgoers, whilst supporting the local economy. Collectively it represents an investment of £100m for third party investors and will create around 300 new jobs across the country".

Travelodge launches new budget hotel format Travelodge Plus >>

Travelodge gives 'cautious' outlook as cost pressures hit profits >>

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking