Travelodge

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The crunch of data

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The hotel sector loves a gossip. Oh how it loves to gossip and the horror of the current situation is that gossiping has been horribly restricted. The dark corners of the Marlene Bar are silent, with whispers unwhispered and speculation unfloated. For a market which runs on the buzz of a rumour spread over a gin, the brain feels as though its ears have been cut off.

The Latest

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    Insider

    Ménage à Travelodge

    The structure keeping a hotel up and running and connected to guests and potential guests can have many more people than one could fit in the most enthused of harems. King Solomon may have had 700 wives and 300 concubines (numbers rounded up) but chuck in a franchise, an owner, a ground lease, a management company and all manner of other interested parties and hotels are not too far off. All of a sudden it’s hard to remember who is having their needs met or even who is getting fed.
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    Travelodge

    Accor has Ago with Travelodge owners’ group

    Travelodge Owners Action Group has teamed up with Accor to launch Ago Hotels, which it describes as a “landlord-friendly” platform.
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    Transactions

    Room2 talks Travelodge landlords

    Lamington Group is in negotiations with a group of budget hotel landlords, confirmed to Hospitality Insights as part of the Travelodge Owners Action Group.
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    Budget

    Magnuson targets Travelodge

    Magnuson Hotels, one of the brands in talks with the Travelodge Owners Action Group, told us that it was ready to invest “significantly”.
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    Development

    Economy leads UK planning

    STR has reported an increase in hotel planning applications across the UK, led by economy hotels, including two Travelodges.
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    Transactions

    Travelodge CVA passes - with break clauses

    Travelodge secured a creditor vote to approve a CVA which will see rent payments cut by 38% to December next year, but allows landlords to break leases within six months.
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    COVID-19

    Travelodge landlords warn on CVA

    The Travelodge Owners Action Group of landlords representing more than 400 hotels has called for “detailed clarification” on the planned CVA.
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    COVID-19

    Business ‘failures’ warning over rent

    The UK government has been warned that, unless its provides support, the next rent payment deadline could see business “failures”.
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    COVID-19

    Landlord ‘scrutinising’ Travelodge CVA

    Travelodge landlord Secure Income Reit said it would be “scrutinising” the brand’s proposals for a CVA.
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    COVID-19

    Landlords plot to evict Travelodge

    The Travelodge Owners Action Group has threatened to evict Travelodge from its hotels and replace it as an operator.