Travelodge To Invest £100 Million And Create 1,000 Jobs In 2014
Travelodge has announced that it is investing £100 million into its business this year and creating 1,000 jobs across the United Kingdom. Travelodge is continuing its expansion beyond its traditional roadside hotel network into more key city centre and leisure locations. The brand will open 15 new hotels, as part of a £100 million investment in extending the chain.
Travelodge has announced that it is investing £100 million into its business this year and creating 1,000 jobs across the United Kingdom. Travelodge is continuing its expansion beyond its traditional roadside hotel network into more key city centre and leisure locations. The brand will open 15 new hotels, as part of a £100 million investment in extending the chain.
Five new hotels will open in London, cementing Travelodge's position as the largest hotel chain in the capital, where the company will have 65 hotels.
Further hotels will open in key city centre locations in Glasgow, Manchester and Southampton; in new seaside destinations including Southport, Christchurch, Llandudno and Ryde on the Isle of Wight; and in the spa town of Harrogate.
Each new hotel will continue the roll-out of the chain's new-look rooms, designed by customers with more contemporary styling, and the signature Travelodge Dreamer bed.
These 15 new properties will boost the Travelodge estate to 514 hotels and more than 39,000 rooms. In addition to the new hotel openings, Travelodge is continuing its modernisation programme for its existing hotels, and will renovate a further 11,800 guest bedrooms during the year at a cost of £37 million.
Taken together, the new hotel openings, modernisation programme and ongoing business development, this will lead to the recruitment of 1,000 people across a range of jobs, including hotel management roles, reception, restaurant and customer service teams and guest room cleaners.
Peter Gowers, Travelodge Chief Executive said: "2014 marks the next stage on our journey to build a new Travelodge that is Britain's favourite hotel for value. During the last year we modernised more than 200 of our hotels across the country and we are on schedule to transform the majority of our portfolio by this autumn. With this further investment in new hotels, we're delighted to be expanding into great new locations where our customers want to go, for both business and leisure.
As result of our ongoing trading and expansion we'll be recruiting 1,000 people this year, offering a further boost for local economies and creating more opportunities for career development in the growing hospitality industry."
About Travelodge
Founded in 1985, Travelodge is Britain's very first budget hotel chain and today is one of the largest budget hotel chains in the UK, with a portfolio of over 600 hotels and over 47,000 bedrooms across the UK, Ireland and Spain.
In Spain, Travelodge has an established profitable presence and as of April 2024, its portfolio doubled to 12 hotels, having recently acquired a further six properties. Travelodge has ambitious growth plans within this market and has identified the top 20 key locations where it would like to open additional hotels in Spain.
Welcoming over 22 million guests annually across the UK, Ireland and Spain, the majority of Travelodge hotels are located in major cities, towns and holiday hotspots as well as by airports and key business hubs. With 90% of its hotels rated 4* or above on TripAdvisor, Travelodge is proud to offer guests across its diverse customer base a good value experience – whether they are travelling for business or leisure. In 2023, approximately 50% of rooms were sold for less than £60.
Whether out celebrating a birthday, going to a concert or sporting event, visiting friends and family, taking a business trip, working away from home, or taking a short break, we help people to go and do their thing by Being the Brilliant Base.
Travelodge continues to invest in its ongoing hotel refit programme which is expected to see 50% of the Travelodge room estate upgraded to its new design by the end of 2024. The brand is also continually evolving its quality offering to deliver a better experience for its diverse mix of business and leisure guests such as its new look Bar Cafe design, 85 Bar Café, which has been rolled out to selected UK hotels as part of the refit programme.
Travelodge is focussing on its environmental and social impact, with sustainability integral to its business strategy. It's Better Future sustainability plan aims to build a more sustainable future for its customers, colleagues and the planet, and it is underpinned by three core pillars: Inclusive – ensuring we are accessible, inclusive and well-priced to our customers and colleagues; Caring – creating a caring and healthy environment for our colleagues and customers and ensuring their wellbeing; and Conscious – Travelodge is conscious of its impact on the planet, taking into account the waste it produces, the energy and other resources it consumes and the carbon emissions it generates.
For further information visit travelodge.co.uk or the Travelodge Hotels Limited LinkedIn page.