Travelodge to build 35 new hotels in 2011
Travelodge is to build 35 hotels in the UK this year with the creation of 700 new jobs, the company has announced.
The new properties, representing 3,667 bedrooms, will be developed at a cost of £300m. They will boost the company's portfolio to 495 hotels and nearly 36,000 rooms.
Travelodge now plans to have 1,100 hotels and 100,000 rooms open by 2025.
Guy Parsons, Travelodge's chief executive, said the new hotels were the result of the company's commitment to expansion during the recession, while other companies put their development on hold.
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