Travelodge has announced their new ‘target list’ of locations they would like to open in – 145 across London.
The Chief Executive, Grant Hearn, made the announcement that Travelodge is looking to expand further across the capital with an intention to open a further 145 hotels across London boroughs at an opening in Bethnal Green.
London’s biggest hotel brand, Travelodge currently has 59 hotels – 7,633 rooms – across the city. It employs 1650 staff in London. This year Travelodge will open a new hotels in Hounslow and Vauxhall, investing £34m and creating 80 new jobs.
Travelodge’s new location target list includes a number of West London locations – Battersea Old Town, Clapham Common, Clapham Junction, Clapham Old Town, Kensal Rise, Kilburn, and Wembley.
The target list of 145 new hotels would create nearly 4,000 new jobs across the capital and boost the local economy annually by £290m, say Travelodge.
Grant Hearn, Travelodge Chief Executive said: “The London hotel market is the strongest in the world and our target location list reflects its growth potential.”
“Our research has highlighted that London’s suburbs are the capital’s hot spots for potential growth. Many London boroughs have large employment clusters and impressive regeneration proposals yet have an undersupply of hotel rooms. For instance, we have recently opened a number of hotels in locations such as Enfield and Greenwich, who are enjoying regularly full occupancy.”