travelodge
Construction starts on London Chiswick Travelodge

Construction starts on London Chiswick Travelodge

Construction work has started on the London Chiswick Travelodge. The 113-room hotel will feature the group’s on-site restaurant and is located next to the Chiswick Roundabout, one of London’s best known road junctions. London Chiswick Travelodge is the company’s fourth hotel currently under construction in London. The other three sites

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WAKEMANS COMPLETES £2.4MILLION TRAVELODGE SUPERROOMS UPGRADE

National property and construction consultancy Wakemans has completed a £2.4million SuperRoom roll out programme for Travelodge, one of the UK’s largest budget hotel chains. The Travelodge SuperRoom is the UK’s first premium economy room concept within the budget hotel sector. It is designed around the ‘premium economy’ concept familiar to

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Latest Issue
Issue 325 : Feb 2025

travelodge

Construction starts on London Chiswick Travelodge

Construction starts on London Chiswick Travelodge

Construction work has started on the London Chiswick Travelodge. The 113-room hotel will feature the group’s on-site restaurant and is located next to the Chiswick Roundabout, one of London’s best known road junctions. London Chiswick Travelodge is the company’s fourth hotel currently under construction in London. The other three sites include the group’s 600th Travelodge, a 95-room hotel at the Kia Oval Cricket Ground (in partnership with Surrey County Cricket Club). A 73-room hotel in Bermondsey and a 72-room hotel in Beckenham are also being constructed. With the opening of these four hotels, Travelodge will operate 84 hotels in London, making it one of the Capital’s biggest hotel chains. Travelodge secured forward funding in November 2022 for the development of the hotel. The funding partner, RTP Global Real Estate Investments, purchased the site and committed to fund the development for £19.4m and retain Travelodge as the development manager for the scheme. Barnes Construction, which has a long-standing partnership with Travelodge and recently constructed Travelodge’s London Wimbledon Central hotel in 2022, has been appointed as contractor for the new, six storey Chiswick development. The hotel is expected to be completed in Q1 2025 and will be let to Travelodge on a new 35-year lease, with five -yearly, index-linked rent reviews with caps and collars. London Chiswick Travelodge is being developed to the group’s new, premium look and feel design specification and will be built to BREEAM ‘Excellent’ standards and with an EPC rating of ‘A’. The new Travelodge hotel design has been created in response to the feedback from the Company’s largest consumer study – which surveyed around 5,000 UK business and leisure travellers to find the psychographics of the modern budget traveller. Steve Bennett, Travelodge, Chief Property & Development Officer, said: “We are delighted to be expanding our London hotel network with the construction of our first hotel in Chiswick. The new Travelodge will be in a fantastic location on Chiswick High Road, 400m from Gunnersbury underground and railway line, 450m from Chiswick Business Park and within easy walking distance of the Gtech Community Stadium, home of Brentford FC; so a great place for business and leisure customers to stay, either visiting the local area, or Central London.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Travelodge is the UK’s first hotel brand to sublet to Popeyes at its Northampton Travelodge hotel site

Travelodge is the UK’s first hotel brand to sublet to Popeyes at its Northampton Travelodge hotel site

Travelodge is looking for a further 300 hotel locations across the UK and welcomes the opportunity to work with major hospitality companies and retailers on mixed development schemes to support this expansion programme Travelodge, the UK’s first budget hotel chain, which operates nearly 600 hotels across the UK, Ireland, and Spain, is delighted to announce it has entered a sublet agreement with Popeyes Louisiana Chicken. The global brand, which is renowned for its ‘Shatter Crunch’ chicken, is taking the UK by storm and has opened one of its first UK drive-thru restaurants at the Northampton Upton Way Travelodge hotel site. In a unique sublet deal, Popeyes UK is the latest retail brand to join the Travelodge mixed-scheme development partnership portfolio.   Over the last three decades, Travelodge, the pioneering hotel chain has been the first hotel brand to partner-up with a number of household brands in a variety of mixed use developments alongside other complementary uses – such as retail, food & beverage, coffee shops and drive-thrus.  This includes Travelodge hotels operating alongside a popular retail brand such as Starbucks, Subway, McDonalds and now Popeyes Louisiana Chicken.    Travelodge was also the first hotel brand to partner with some of Britain’s biggest supermarkets and retailers such as: Tesco, Sainsbury’s, M&S, Aldi, Lidl, Home Bargains and Waitrose – making it easier for customers to pick up essentials during their stay. Today, over a third of Travelodge hotels are located within a mixed development scheme with household brands. Detailed are some of the brands that Travelodge has worked with in development partnership programmes.    Aldi  Burger King Costa Coffee Greggs Green Hill Pubs  Home Bargains  KFC Lidl Marks & Spencer   Marstons  McDonalds  Sainsburys  Starbucks   Subway  Tesco  Waitrose  Travelodge is keen to expand its development brand partnerships as part of its UK expansion programme which includes looking for a further 300 hotel sites across the country. Mixed-use development is gaining popularity not just in the UK but across the globe as it is becoming a more prominent feature of planning policy, with the aim of revitalising urban centres and generating benefits for all stakeholders and the community. It also reduces the neighbourhood carbon footprint and minimises air pollution.    In addition it spurs revitalisation, supports regeneration and enhances an area’s unique identity and development potential by promoting a sense of place and community. Also certain brands such as Travelodge can influence other brands to invest into the programme and enhance the customer experience. For example our London Manor House Travelodge is a part of a mixed-use, new development, including a Co-Op convenience store, a coffee shop and a hostel. From the 300 hotel locations where Travelodge is actively looking to open a hotel – 120 of these locations currently do not have a Travelodge hotel and fifty of these sites do not currently have a branded budget hotel. Therefore opening a Travelodge in these locations would greatly impact on the town’s economy and attract more business and leisure visitors to the area. Collectively this expansion programme could create around 9,000 new jobs across the UK. The Popeyes drive-thru restaurant is located at the site of the first Travelodge hotel in Northampton at Walter Tull Way, Upton, Northampton. Today, Travelodge operates ten hotels across Northamptonshire and the group has also recently acquired the lease of the Ibis hotel in Wellingborough and is actively looking for a further hotel in Corby.  Steve Bennett, Travelodge, Chief Property & Development Officer, said: “We are constantly looking at new and innovative ways to develop our estate and enhance the customer journey. We have experience of working with major retailers and hospitality companies to help maximise development opportunities to support local growth, job creation and regeneration. As pioneers of the budget hotel sector, we are delighted to enter a sublet agreement with Popeyes and to offer the first hotel drive-thru restaurant at our Northampton Upton Way Travelodge site.” “As we look to the future, we have identified that we can grow our business with a further 300 hotels across the UK and we welcome the opportunity to continue to work with Popeyes as well as other major retailers and hospitality companies on mixed-development schemes. This investment  from third party investors will help to create around 9,000 new jobs, support local economies and importantly give our guests a great base location for their business and leisure trips.”    Travelodge currently has opportunities for retail sublets across the UK – for further information please visit: www.travelodgeproperty.co.uk   Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Travelodge targets 220 Local Authorities to help unlock regeneration opportunities

Travelodge targets 220 Local Authorities to help unlock regeneration opportunities

The group is searching for 300 hotel sites across the UK which could provide a long term investment for Local Authorities  This expansion programme could represent an investment of around £3 billion for third party investors and create over 9,000 new jobs across the UK  This innovative programme creates jobs/careers, attracts new visitors to the area, increases local spend and provides the Local Authority with a long-term asset that delivers a secure revenue stream to support future growth   This week, Travelodge, one of the UK’s largest hotel brands, which operates nearly 600 hotels, has wrote to 220 Local Authorities across Britain proposing a joint development partnership that can act as a catalyst to stimulate regeneration and facilitate further growth. This letter outlines the pivotal role that Travelodge has been playing for the last 10 years in supporting Local Authorities in England, Wales and Scotland by:  The letter also includes a direct call to action on how Travelodge can do the same for other Local Authorities that it does not currently work with – and collectively support Britain’s recovery.     Travelodge has identified that it can expand its UK hotel network with a further 300 target locations for new hotels across the UK, and is offering Local Authorities the opportunity to have one or multiple hotels within their region to support their regeneration programmes. For over 120 towns, such as Ripon, Lichfield and Cromer, it could be an opportunity to have its first branded hotel – which could revolutionise its local economy.              This expansion programme could represent an investment of around £3 billion for third party investors and create over 9,000 new jobs across the UK.  In 2022, Travelodge opened six new hotels, three of which were Local Authority partnerships with two hotels located in London at Docklands and Wimbledon and the third hotel situated in Braintree. The group is also currently on site with construction of two further Travelodge hotels being delivered in direct partnership with Local Authorities in Rotherham and Colchester.  The Rotherham Travelodge is the group’s first hotel in Rotherham and it is also the first branded hotel in the town centre. For Colchester, it is the group’s second Travelodge hotel.     These bespoke agreements have had unique funding structures, all of which have enabled Local Authorities to utilise their existing assets, create jobs, generate income, and help to regenerate brownfield land in strategically important locations.  Some of the new Travelodge hotels in this programme have been built on surplus local authority land, with the funding provided either through the Local Authority’s internal resource or via low-cost funding from the Public Works Loan Board or third party resources. Upon completion of the hotel development, local authorities have the choice of either retaining ownership of the hotel and receiving an annual rent into the Council’s revenue budget or selling the hotel with Travelodge as its operator.  The two recent London Travelodge hotel openings at Docklands and Wimbledon as well as Colchester were lease-wrapper deals, also known as income-strip deals. Under this structure, the Council takes a headlease, with Travelodge being the undertenant.  The rent that the Council pays is lower than the rent it receives from Travelodge – with an annual profit rent for a 30+ year period. The Councils’ covenant strength enables the developer to sell the (Council) leasehold investment to an institutional, long-income fund at a much lower investment yield than a lease to Travelodge would achieve. This generates a higher end development value, enabling the development to proceed.  This kind of structure enables developments to take place which otherwise would not be financially-viable and therefore delivers new town centre regeneration which would not otherwise happen. Steve Bennett, Travelodge Chief Property & Development Officer said: “In the current climate, Local Authorities are under extreme pressure to invest in their economy and support regeneration projects. This is why we are today writing to 220 Local Authorities to offer our support, as we can make a real difference. We have a proven track record of working with 25 forward-thinking Local Authorities across the UK from Ashford to Stirling. Our effective, innovative co-partnership development deals are spearheading regional economic growth and providing a solid long-term revenue stream.”  “Britain is now a nation of budget travellers, with more of us choosing to stay in budget hotels than any other hotel type and this trend is set to grow, which is why we are looking to expand our UK hotel network with a further 300 hotels. Adding a Travelodge hotel can be a catalyst to attract new businesses, support regeneration,  bring vacant buildings back into economic use as well as attracting thousands of new overnight visitors to the area and revitalising High Streets.   In addition, our research shows that, on average, Travelodge customers will spend at least double their room rate with local businesses during their stay; this can be an annual, multi-million pound boost into the local economy.”   Cllr Chris Read,Rotherham Council’s Leader,said: “The Rotherham Town Centre Masterplan aims to develop Rotherham into a leisure destination which will benefit the local economy and residents. To facilitate this vision, having a well-known and trusted hotel brand like Travelodge is a great asset and hugely beneficial as it helps to attract other major brands to invest in Rotherham.Also Travelodge’s great value proposition will help to attract business and leisure visitors to the area which then positions the town centre as the gateway to explore the wider leisure and culture offer the Rotherham borough.   Building, Design & Construction Magazine | The Choice of Industry Professionals 

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WAKEMANS COMPLETES £2.4MILLION TRAVELODGE SUPERROOMS UPGRADE

National property and construction consultancy Wakemans has completed a £2.4million SuperRoom roll out programme for Travelodge, one of the UK’s largest budget hotel chains. The Travelodge SuperRoom is the UK’s first premium economy room concept within the budget hotel sector. It is designed around the ‘premium economy’ concept familiar to airline users. It dials up the comfort factor for business and leisure customers who want the extra choice of a more premium room. Wakemans acted as project manager on the trial rooms, with responsibility for the procurement of the new amenities as well as fit-out, before overseeing the roll-out of SuperRooms in 48 Travelodge hotels around the UK. Nigel Himpson, Senior Associate Director at Wakemans, said: “SuperRooms are now available in some of the top locations around the country and offer an extra level of comfort to guests who opt for longer stays as well as those who choose to spend more time in the room.” A total of 296 SuperRooms have been incorporated into Travelodge’s existing city centre hotels. Scott Rutherford, Travelodge, Technical Services Director said: “At Travelodge we are all about bringing great value and choice to the budget traveller.  More and more business travellers are opting for a budget hotel and last year we generated more sales from business customers than those on holiday.  Our new SuperRoom adds an extra choice for customers who are spending more time working in the room, are staying longer or who just value that little bit more comfort.  Alongside our recently upgraded classic room, this is another important milestone on our journey to become the favourite hotel for value.”   The stylish SuperRoom has everything that you would expect from Travelodge but with lots of new additional creature comforts.  It has been styled in a modern residential décor scheme, creating a home from home feel. It features a new dream-light colour scheme which includes tones of calming blue, warm beige and tranquil taupe, as well as blackout curtains, creating a relaxing atmosphere for a restful night’s sleep.   The signature creature comforts in the SuperRoom include:   Lavazza ‘A Modo Mio’ fresh capsule coffee machine to kick-start your day Hansgrohe Raindance 3-jet adjustable shower to leave you fully refreshed Multiple power and USB charging points at arm’s length throughout Relaxing ambient LED mood lighting Comfy armchair to relax in Larger desk area with a comfortable swivel chair Luxurious king-size Travelodge Dreamer™ bed Choice of firm and soft hypo-allergenic pillows Dressing stand with a powerful hairdryer In-room iron and ironing board Powerful hairdryer and full length mirror Samsung Slimline wall-mounted flat screen TV Hot chocolate and a KitKat for that extra treat when you need it

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