Travelodge UK Announces New Franchise Contracts And The Transfer Of Hotels To New Operators
Following the successful completion of its financial restructuring and CVA in October 2012, Travelodge, the UK's leading budget hotel company, has been working with the landlords of 49 hotels to identify new operators. Further to this process, Travelodge today announces that it has signed a new franchise contract for seven hotels with Moto, the UK's largest provider of motorway service areas. In addition, Travelodge has also signed franchise contracts with individual operators for 13 other hotels.