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...