Travelodge lodge hotel expansion plans
January 12 2010
The chain are looking to buck the downturn by investing at the bottom of the cycle, envisioning a structural change in the industry as consumers eschew upmarket providers for lower cost accommodation rather than mid market and full service establishments.
Following this growth the Travelodge estate will comprise more than 400 hotels totalling some 30,000 rooms.
Travelodge is owned by Dubai International Capital.