Travelodge targets 20 Scottish sites in ‘repositioning’
Travelodge has moved back into city centres
Travelodge is looking for a further 20 sites across Scotland as the budget hotels chain plans to create 3,000 jobs in 100 hotels over the next five years.
The group after reported annual sales 8.8% up to £693.3m in the year to 31 December, while adjusted earnings grew £9.6m to £122m.
Like-for-like revenue per available room was up 3.2% last year as Travelodge opened 17 hotels, with a further three in the current quarter.
The firm now has a network of 575 in a budget sector now worth £2 billion.
Its first hotel opened in Stirling in 1986 and it now employs 1000 staff in 45 hotels in Scotland. Half its rooms are sold for less than £50 a night.
The company wants to reposition back into city centres and into national parks.