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Travelodge

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Pandemic slashes Travelodge revenue by 60.9%

20 July 2021 by

Travelodge recorded a 60.9% fall in revenue to £284.4m during 2020 as the Covid-19 pandemic forced nearly all of its 586-strong portfolio to close its doors to guests.

News

Travelodge appoints Claire Good as chief operating officer

23 June 2021 by

Budget hotel chain Travelodge has announced the appointment of Claire Good as its new chief operating officer.

Craig Bonnar promises to ‘rebuild relationships’ as Travelodge chief executive News

Craig Bonnar promises to ‘rebuild relationships’ as Travelodge chief executive

10 May 2021 by
Travelodge expects to open 17 hotels this year through £175m investment News

Travelodge expects to open 17 hotels this year through £175m investment

05 May 2021 by
Travelodge appoints former Center Parcs CEO Martin Robinson as chairman News

Travelodge appoints former Center Parcs CEO Martin Robinson as chairman

06 April 2021 by
AGO Hotels adds another Travelodge to its growing portfolio News

AGO Hotels adds another Travelodge to its growing portfolio

19 January 2021 by

Travelodge chief executive Peter Gowers to step down News

Travelodge chief executive Peter Gowers to step down

27 November 2020 by

Travelodge chief executive Peter Gowers is stepping down from his role at the end of the[...]

Travelodge retains 578 of its hotels News

Travelodge retains 578 of its hotels

27 November 2020 by

Travelodge has announced it has retained 578 of its 592 hotels despite an acrimonious company voluntary[...]

AGO Hotels signs nine Travelodge properties News

AGO Hotels signs nine Travelodge properties

26 November 2020 by

AGO Hotels has announced that it has secured at least nine hotel leases from Travelodge.

Whitbread snaps up two Travelodge hotels News

Whitbread snaps up two Travelodge hotels

16 November 2020 by

Premier Inn owner Whitbread has exchanged contracts to convert two Travelodge hotels into Premier Inns.

News

Landlord of more than 100 Travelodge hotels decides to stick with brand

Landlord Secure Income REIT (SIR) has cast a vote of confidence in Travelodge in announcing its decision not to exercise its break options to terminate the leases of its 123 Travelodge hotels. "

23 October 2020 by
Is it check-out time for Travelodge? Hotel

Is it check-out time for Travelodge?

14 October 2020
by

Since March, Travelodge has been locked in a heated conflict with its landlords over rent reductions, culminating in a company voluntary arrangement. Landlords must now make a decision – stick with the brand they know or head for something new.

How London hotels have been hit hardest by the pandemic Hotel

How London hotels have been hit hardest by the pandemic

23 September 2020
by

The current parlous performance of London hotels cannot be underestimated. For a city that for years has consistently achieved the highest room rates in the country, it has been shocking to witness its dramatic decline as a result of the[...]

Travelodge confident in its landlord proposition but says Covid could hit sales by up to £7m News

Travelodge confident in its landlord proposition but says Covid could hit sales by up to £7m

03 September 2020 by

Travelodge has said it is confident in its offer for landlords and the opportunities of the[...]

AGO Hotels lays out pitch to Travelodge landlords ahead of lease extension deadline News

AGO Hotels lays out pitch to Travelodge landlords ahead of lease extension deadline

27 August 2020 by

AGO Hotels has laid out its pitch to tempt disgruntled Travelodge landlords ahead of a deadline[...]

Goodnight Hotels launched to entice disillusioned Travelodge landlords News

Goodnight Hotels launched to entice disillusioned Travelodge landlords

27 July 2020 by

Goodnight Hotels has been launched in partnership with Village Hotels, hoping to entice disillusioned Travelodge landlords[...]

Travelodge owners' group launches action to allow landlords to rebrand under Accor's Ibis brand News

Travelodge owners' group launches action to allow landlords to rebrand under Accor's Ibis brand

27 July 2020 by

The Travelodge Owners Action Group, a coalition of landlords of more than 400 Travelodge hotels, has[...]

Hotel

The price is right: Setting your room rates at the right level after coronavirus

Hotels across the UK are finally opening again following the coronavirus lockdown. But with a mix of strong staycation demand, fragile confidence and subdued activity in other business areas, how should hoteliers set their room rates?"

23 July 2020 by
Group of Travelodge owners in ‘advanced talks’ with other hotel brands News

Group of Travelodge owners in ‘advanced talks’ with other hotel brands

07 July 2020
by

The Travelodge Owners Action Group has confirmed that it is in “advanced discussions” with major hotel operators including Accor and InterContinental Hotels Group (IHG), among others.

Creditors approve Travelodge CVA proposals News

Creditors approve Travelodge CVA proposals

19 June 2020
by

The creditors of Travelodge have approved its proposed Company Voluntary Arrangement (CVA).

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