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Economics, government & businessLatest NewsJob creation and losses

Travelodge to add 10,000 employees to workforce in £3.5bn investment in new hotels

by Gareth Vorster 21 May 2007
by Gareth Vorster 21 May 2007

Travelodge plans to create 10,000 jobs after it announced that it is to invest £3.5bn in new hotels.



The hotel chain said it will add on average 4,000 rooms a year, up to 70,000 rooms by 2020.



Greater London will see the bulk of investment receiving 22,000 rooms, while in Wales and Scotland, room numbers will increase by about 300% and 100% respectively by 2020.



Travelodge believes that about two-thirds of its new hotels will be via organic growth but the remainder will come from regenerating existing UK hotel stock.



Grant Hearn, Travelodge chief executive officer, said: “Like the budget airlines, we have managed to create a value offer that has made UK hotels available to more people than ever before. We expect to serve about 20 million customers by the end of this programme.


“As a management team we have a great deal of experience of opening many hotels each year and we have strengthened our property division further to achieve these new goals,” said Hearn.

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