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Travelodge opens 7 new hotels today representing £70m for investors

Travelodge opens seven new hotels today represent £70m for third party investors and have created nearly 150 new jobs in the UK

Travelodge, the UK’s first budget hotel chain, announces it is officially opening seven new hotels today across the UK. These seven properties are part of the 17 hotels the group announced earlier this year that it expects to open in 2021.

Today’s seven hotel openings represent an approximate investment value of £70 million for third party investors and have created nearly 150 new jobs. Locations include: Boston, Bristol (2 hotels, Avonmouth pictured), Faringdon, Poole, St Albans and Witney. These seven new hotels will boost Travelodge’s operational portfolio to 592 hotels across the UK, Ireland and Spain.

Today’s announcement also celebrates Travelodge expanding its network and taking the brand into four new growing markets. This includes the group opening its first hotel in Boston, Faringdon, St Albans and Witney.

The group is also opening its 12th Travelodge Plus hotel today in St Albans, which is the company’s first hotel in the city. Travelodge Plus is the group’s ‘budget chic’ hotel format. Launched in 2018, this concept is designed around the needs of the budget traveller who wants that little bit more style and choice with little touches to make it easier to work and relax both inside and outside the room.

In addition, in response to strong consumer demand, Travelodge is also opening four hotels today that feature its SuperRoom product. This includes two hotels in Bristol, Faringdon and St Albans. This will boost the group’s stock to over 2,000 SuperRooms collectively across 55 hotels. The SuperRoom, is the group’s premium economy room-type and was the first of its kind to be launched in the UK budget hotel market in 2017. It dials up the comfort factor and is designed for customers who want the choice of a more premium room.

Travelodge also continues to grow and extend its on-site restaurant business with four of today’s new openings featuring the company’s Bar Café concept. These new additions will boost the group’s portfolio to nearly 200 hotels now featuring a Bar Café.

Craig Bonnar, Travelodge Chief Executive said:
“We are delighted to mark the start of the summer holiday season by extending our UK hotel network by officially opening seven new hotels in one day and taking the Travelodge brand to four new markets. These seven new properties not only extend our UK network to 578 hotels in the UK but also offer even more great value choice to business and leisure customers whilst playing a pivotal role in supporting local economies. With more Britons holidaying on British shores this year, we are well placed to support the nation with their Staycation breaks by having hotels in the right locations at a great value price.”

Travelodge announced earlier this year that it expects to open 17 hotels this year and to date the group has opened 12 of these hotels including today’s seven hotel openings. These 17 new hotels are being developed by third party investors with an approximate investment value of £175 million and will collectively create more than 360 jobs.

The group expects to open the remaining five hotels later this year. This includes three hotels in London, at: Elephant & Castle, Manor House and Peckham plus hotels in Sandwich and Walton on Thames.

Detailed below is information on the seven hotels Travelodge is opening today

Bristol Avonmouth & Bristol Emersons Green Travelodge Hotels
Travelodge is opening two hotels in Bristol today, boosting the company’s portfolio in the city to seven properties. Bristol Avonmouth, a 81-room hotel is the only hotel to serve the immediate area of Avonmouth Severnside, and is also a short drive away from Avonmouth Docks and the Royal Portbury Docks.

Bristol Emersons Green, a 90-room hotel is conveniently located close to Bristol & Bath Science Park and Emerald Business Park. Both hotels also offer SuperRooms, the company’s premium economy rooms and feature an on-site restaurant called the Bar-Café.

Boston Travelodge
This is the company’s first hotel in Boston. The 56-room hotel is situated at The Quadrant, the new football stadium for Boston United and is close to Boston port.

Faringdon Travelodge
This is the town’s first branded budget hotel and one of two hotels Travelodge is opening in Oxfordshire today. The 74-room hotel offers SuperRooms, the company’s premium economy rooms and an on-site restaurant called the Bar-Café and on-site car park.

Poole North Travelodge
This is the company’s second hotel in Poole and seventh property in Dorset. The 81-room hotel features an on-site restaurant called the Bar Café and an on-site car park. The hotel is situated at Fleets Corner Business Park and is close to Poole’s famous Harbour and Sandbanks Beach.

St Albans Travelodge PLUS
This is the company’s first hotel in St Albans and a Travelodge PLUS concept. The 130-room hotel is conveniently located on the High Street and offers SuperRooms and features a Bar Café.

Witney Travelodge
This is the company’s first hotel in Witney and one of two hotel’s the company is opening in Oxfordshire today. The 62-room hotel is an ideal base for travellers exploring Oxford or the Cotswolds and is close to the Royal Air Force Brize Norton Airbase.

All Travelodge hotels now feature TravelodgeProtect+, a programme of cleaning and social distance measures in line with Government guidelines to keep its guests and teams safe.