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Permira
- In February 2003, Travelodge and Little Chef were sold to Permira, who created the special-purpose entity, TLLC Group Holdings Ltd and moved Travelodge's headquarters from Toddington in Bedfordshire to Thame in Oxfordshire in June 2003.
en.wikipedia.org/wiki/Travelodge_(British_company)
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Travelodge Hotels Limited, trading as Travelodge, is a private company operating in the hotels and hospitality industry throughout the United Kingdom, Ireland and Spain. Company history. Travelodge in Bedford. Travelodge in Bromborough. Travelodge in York. Opening by Trusthouse Forte.
8 January 2024 – Travelodge, the UK’s first budget hotel brand which operates nearly 600 hotels, today announces that it has exchanged contracts to acquire 66 Travelodge-branded hotels on a freehold and long leasehold basis from its largest landlord, LXi REIT plc (“LXi”), for a combined sum of £210 million.
Company Overview. Founded in 1985, we are Britain’s very first budget hotel chain. Today, Travelodge is one of the largest budget hotel chains in the UK, with a well-invested and modernised portfolio of over 600 hotels and over 46,000 bedrooms across the UK, Ireland and Spain.
Travelodge or Travelodge by Wyndham (formerly branded TraveLodge) refers to several hotel chains around the world. Current operations include the United States, Canada, the United Kingdom, Spain, Ireland, New Zealand, Australia and several countries in Asia.
The owner of Travelodge is priming the budget hotel chain for a sale that could fetch in excess of £1 billion off the back of a strong recovery in domestic travel. American hedge fund GoldenTree, which took over Travelodge in 2012, has been meeting with investment banks vying for the mandate to sell the chain of 595 hotels.
Jan 9, 2024 · Travelodge, a budget hotel brand in the UK, has reached a major agreement to acquire 66 Travelodge branded hotels from its largest landlord, LXi REIT plc, for a total consideration of £210 million (€244m), with the financial backing of GTAM shareholders.
The UK’s largest independent hotel brand. In 1985, Travelodge became Britain’s first value hotel brand when it launched in the UK, opening its first hotel at Barton under Needwood in the heart of England. Since those early days, Travelodge has gone from strength to strength.
