The Travelodge hotel chain has announced that it will add 12 new hotels to its portfolio making it the UK’s fastest growing hotel company. The investment of £77 million will create a total of 1,443 rooms and 200 new jobs. Locations for the new hotels include Cambridge, Twickenham, London, Edinburgh, Liverpool, Northampton and Egham. If all goes according to plan by the time the 2012 Olympics are held, Travelodge will be the largest hotelier in London. The Managing Director for Development at Travelodge commented “The addition of so many sites is just the start of what will be a large number of exchanges in 2009. Since the onset of the recession we have been offered more locations and going concerns than ever before, often in prime locations that just one year ago would have been unviable.”
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