LONDON, UNITED KINGDOM--(Marketwire -08/22/12)- Travelodge (The Company), the UK's leading budget hotel company, is pleased to announce that it has agreed a financial restructuring, which will secure ...

Travelodge, the UK’s first budget hotel chain, has today announced that it is expanding its dedicated 120 strong nationwide in-house maintenance team with a further 41 new positions. Travelodge is the ...

LONDON (Dow Jones)--Travelodge Thursday said Chief Executive Guy Parsons is to leave later this month and will be replaced by former CEO Grant Hearn, as the privately-owned U.K.-based budget hotel ...

Travelodge UK will undergo a financial restructuring that will cut its debt and free up cash for improvements to about a third of its budget hotels throughout Europe. Under the restructuring, ...

Nine of the 11 properties were acquired from Hotel Campanile.

The Ibis at Quayside in Shipley is one of four hotels recently purchased by Travelodge. The hotel company has recently submitted a planning application to Bradford Council for new signage at the hotel ...

Travelodge has revealed a slump in profits for the past six months after it was impacted by weaker demand in London and soaring labour costs. The hotel group also revealed a dip in revenues but bosses ...

Modeled on its TravelodgePLUS format, Travelodge U.K. announced this week that it is evolving its core brand into a “budget-luxe” premium product. In a statement, Travelodge CEO Craig Bonnar said the ...

Budget hotel chain Travelodge is considering expanding its self-serve hotel concept, where guests never have to speak to a single member of staff. The company launched its first "hybrid" hotel last ...

Budget hotel chain Travelodge has completed the acquisition of two additional venues as part of its UK growth strategy focused on rebrand opportunities. The hotels, which had been trading under the ...