Tag: estate

Half of Travelodge’s room estate to have new design by end of 2024 – Business Traveller
Travel

Half of Travelodge’s room estate to have new design by end of 2024 – Business Traveller

Travelodge has published its financial results for 2023, reporting annual revenues of more than £1 billion for the first time. Revenue was up 13.7 per cent on the previous year, with EBITDA (earnings before interest, taxes, depreciation and amortisation) up 14.6 per cent to £243.9 million. The group opened four hotels in 2023, including the 393-room Dublin City Centre Travelodge Plus, which is now the second largest hotel in Dublin city centre, and the first to feature Travelodge’s “premium economy” SuperRooms concept. Travelodge opens “Ireland’s largest budget hotel” Travelodge plans to open six UK properties this year, including Travelodge London Bermondsey which is now taking reservations from 17 June. The 73-room property is one of four Travelodge hotels which have been under constr...
‘Money of the dead’: King Charles to transfer £100m after expose | World News
Money

‘Money of the dead’: King Charles to transfer £100m after expose | World News

In a recent announcement made by King Charles' estate, it has been revealed that the British monarch is set to transfer more than £100 million into ethical investment funds. As per the Guardian, the funds that are being transferred include money collected from dead people under the archaic system of bona vacantia. This comes after the backlash faced by the King over the Duchy of Lancaster's use of funds, which are collected from people who die without a will or next of kin. FILE PHOTO: Britain's King Charles III attends the State Opening of Parliament in the House of Lords Chamber, in London, Britain, November 7, 2023. Leon Neal/Pool via REUTERS/File Photo(via REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} ALSO READ: King Charle...