Travelodge retains virtually all hotels following landlord dispute | News

Travelodge has retained a network of 578 hotels following an acrimonious company voluntary arrangement deal with owners.

The brand said the remaining hotels accounted for more than 98 per of its 2019 UK hotel EBITDA.

Steve Bennett, Travelodge property director, said: “While the Covid-19 situation has created unprecedented challenges for the whole UK hospitality industry, we have worked closely with our landlords to try to find the best possible path forward. 

“With the overwhelming support and commitment of so many landlords across the country, we now have a strong, diversified and well invested network that leaves us well positioned for the recovery.

“The group would like to thank its landlords for their overwhelming support and will continue to work closely with all its stakeholders over the months ahead.”

The voluntary arrangement included a break clause allowing landlords to terminate leases and re-let the hotels without penalty with an initial deadline of November 18th.

With the deadline now passed, fears an exodus of hundreds of landlords have proved unfounded.

AGO Hotels secured nine Travelodge leases and Premier Inn owner Whitbread took up two further properties.

The low-cost brand had a portfolio of 590 hotels in the UK, Spain and Ireland at

Continue Reading

Journey Travel & Tours

If you are on the lookout for an ideal seaside holiday destination in India then Goa is the vacation spot for you. Make a journey on your own, with friends or household. Non-public tours may value greater than group tours. On Yer Bike is about 5 kilometres north of Greymouth. It’s a tourist business which provides rides on quad bikes via some typical West Coast native forest. The enterprise started in 1997 by Mike and Sue Roper. Previous to the enterprise Mike Roper was a taxi driver around Greymouth. The adventure enterprise is extremely beneficial by previous guests as featured on tripadvisor. Talking of avenue meals: Do not simply assume that road food is both unsafe or of poor quality; it relies on the country. I used to be amazed at how delicious the street food I attempted in Tokyo was. And avenue meals markets in Singapore and China are remarkably good, low-cost and secure, since all of the meals is either boiled or cooked over very excessive warmth in a wok. Examine the internet ahead of time for security recommendation on the actual nation or city you’ve got determined to go to.

In Georgia visitors are never far from …

Continue Reading