HOTEL chain Travelodge yesterday revealed that it planned to create 1,300 jobs by opening hotels around Britain.
The group has exchanged contracts in relation to 22 new hotels, which have a combined investment value of £165m.
Travelodge also announced that it had secured a partnership with Arcadia Group, the UK’s largest privately-owned clothing retailer.
Under this new scheme, Arcadia Group will “forward fund” the construction of a 96-room Travelodge hotel, above its Topshop store in Edinburgh’s Princes Street.
The development is scheduled to open in summer 2012. Travelodge has agreed a 35-year lease with Arcadia Group, which represents a £10m investment. Other locations from the exchange announcement include five London sites: Walthamstow, Enfield, Bethnal Green, Sutton and Southgate. Hotels are also planned in Edinburgh Queen Street, Loughborough, Bedford, Gatwick Airport, Altrincham, Malvern, Aylesbury, Newquay, Woking, Glasgow Airport, Hemel Hempstead, Kings Lynn and Barcelona. These sites will boost the company’s estate to 540 hotels and 39,957 rooms.
Guy Parsons, Travelodge’s chief executive said: “The strength of Travelodge’s growth model has been demonstrated, with the first six months of 2011 being strongest in the company’s history.”