Travelodge Hotels Limited, trading as Travelodge, private company operating in the hotels and hospitality industry, founded in 1985 and headquartred in Thame - Oxfordshire,England, the UK's leading budget hotel chain operationg more than 600 hotels in Great Britain, Ireland and Spain continues its expansion in the Iberian Peninsula with the addition of a hotel in Barcelona, the sixth and final establishment acquired as part of the previously announced agreement with Louvre Hotels Group, part of Jin Jiang International, the 2nd hospitality group in the world earlier this year.
The Travelodge Barcelona Cornella Fira situated at Carrer de la Botànica, 25 in L' Hospitalet de Llobregat, municipality part of the metropolitan area, conurbation and province of Barcelona featuring 138 rooms is the hotel that Travelodge will operate under a long - term lease.
This acquisition reinforces Travelodge's strong performances with a strategic expansion in Spain with other five hotels included in this agreement with Louvre Hotels Group located in Alicante, Barcelona, Madrid, Malaga and Murcia, were acquired as property in April and increasing its presence in Spanish territory to 12 hotels.
In October 2024, Travelodge announced that it had closed deals for three new hotels in Spain, located in Alicante, Cadiz and San Sebastian, all three will be new constructions, whose works will begin in 2025 and will expand Travelodge's portfolio in Spain to 15 hotels.
The CEO of Travelodge Jo Boydell, said that Spain is an important market for the group, Travelodge has been moving forward with exciting growth plans, doubling its presence this year with this acquisition and also signing three more agreements for the construction of new hotels.
Travelodge is pleased to announce that the Travelodge Barcelona Cornell Fira will be the fourth hotel of the company looking forward to welcoming the new co - workers to the Traveving team.
To take advantage of the growth opportunity in Spain, the group has identified some initial key markets for its development team to look for opportunities in areas that currently have a shortage of good quality budget accommodation.
Target markets include: Alicante, Barcelona, Benidorm, Bilbao, Cordoba, Girona, Granada, Las Palmas de Gran Canaria, Madrid, Malaga, Palma de Mallorca, Santander, Santiago de Compostela, San Sebastian, Seville, Tarragona, Valencia, Valladolid and Zaragoza.
Link - https://www.expreso.info/index.php/noticias/hoteles/104363_travelodge_adquiere_nuevo_hotel_en_espana_parte_de_un_acuerdo_con_louvre
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