The real estate investment firm Secure Income REIT Plc, known for its investments in leisure and health sectors, is diversifying in the hotel industry; the group has announced the takeover of 55 properties operated under the brand Travelodge for 232 million euros.
The investment firm has a diversified portfolio in the United Kingdom in the health sector (19 private hospitals in Great Britain, a psychiatric hospital in the center of London) and leisure sector (in 2007, Secure Income REIT Plc bought four amusement parks. The firm owns Thorpe Park and Alton Towers, which is operated by Merlin Entertainment).
Travelodge belongs to a consortium of investors: GoldenTree Asset Management, Avenue Capital Group and Goldman Sachs Group. As of January 1, 2016, Travelodge ranked 56th in the global ranking of hotel chains and residences, with 490 properties totaling 36,092 rooms, according to data published by Hospitality ON.
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