Travelodge

In: Business and Management

Submitted By Sedinne
Words 2052
Pages 9
Travelodge UK

1

Travelodge UK
Travelodge Hotels Limited
Type Industry Founded Headquarters Private limited company Hospitality 1985 Thame, England, UK

Number of locations 456 hotels in UK[1] [1] 11 hotels in Ireland [2] 3 hotels in Spain Area served United Kingdom Republic of Ireland Spain Keith Hamill (Chairman) Grant Hearn(CEO) Hotels £331.7m (2010) [1]

Key people

Products Revenue Operating income

[1] £153.5m (EBITDAR) [1] £48.5m (EBITDA) (2010) £27.0m (2010) [1] [1] [3]

Profit Total assets Owner(s) Employees Parent Website

£888.4m (net) (2010)

Goldentree Asset Management, Avenue Capital Group and Goldman Sachs 6,000 (full and part-time) (2011) [1] [1]

Endell Group Holdings Ltd (ultimate parent company) [www.travelodge.co.uk www.travelodge.co.uk]

Travelodge Hotels Limited is a private company operating in the hotels and hospitality industry throughout the United Kingdom. Branded simply as Travelodge, it is the second largest in the budget hotel sector (behind Premier Inn) and third biggest hotel chain in the UK by number of bedrooms (31,600 at the end of 2010[1]) Travelodge Hotels Ltd is under separate ownership from the Travelodge chain of the United States.

Travelodge UK

2

Company history
Forte
In the 1980s, Lord Forte bought the US Travelodge brand and established it in Britain. He attached them to many of his Little Chefs as Little Lodge before later rebranding them as Travelodges. Travelodge was formerly a division of Forte Hotels, and was known as Forte Travelodge. Since then, it has become a company in its own right and has over four hundred Travelodge hotels, mainly located beside motorways and major roads, although more and more hotels are being opened in city centres. The first hotel was opened in 1985 at Barton-under-Needwood on the A38 near Lichfield, Staffordshire.

A city centre Travelodge in York.…...

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