The company released updated figures for its expected openings over the next two years. The expansion update follows investment of roughly £330 million (€388 million) by third-party investors.
Over the rest of the year 2022, Travelodge will open six new hotels in the United Kingdom. The select locations are London’s Docklands, Wimbledon, Hexham, Lewisham, Peckham and Braintree. The first three will boast the company’s new ‘budget-luxe’ design. Additionally, a 397-room hotel will open this year in Dublin city centre managed by Travelodge-franchisee TIFCO.
As for 2023, the company is anticipating the opening of four hotels in Colchester, Ipswich, Beckenham and Bermondsey. An additional six properties are being developed in Harwich, Norwich, Rotherham, Salisbury, Waltham Cross and Loughton/Debden.
Of the seven hotels planned for 2022, all except the Peckham property will feature the company’s revamped Bar Café concept. Eleven of the new and under-development hotels forecast to open over the next two years will also contain SuperRooms, Travelodge’s new ‘premium economy room’.
2022 marks an important milestone in the evolution of Travelodge, as we launch our new premium look and feel hotels and expand our estate with new hotels and in-house restaurants. […] We are very excited by the next phase of our expansion plan, which will see us deliver more choices in more places than ever before.
Steve Bennett, Chief Property and Development Officer at Travelodge