Preview

Travelodge

Powerful Essays
Open Document
Open Document
2052 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Travelodge
Travelodge UK

1

Travelodge UK
Travelodge Hotels Limited
Type Industry Founded Headquarters Private limited company Hospitality 1985 Thame, England, UK

Number of locations 456 hotels in UK[1] [1] 11 hotels in Ireland [2] 3 hotels in Spain Area served United Kingdom Republic of Ireland Spain Keith Hamill (Chairman) Grant Hearn(CEO) Hotels £331.7m (2010) [1]

Key people

Products Revenue Operating income

[1] £153.5m (EBITDAR) [1] £48.5m (EBITDA) (2010) £27.0m (2010) [1] [1] [3]

Profit Total assets Owner(s) Employees Parent Website

£888.4m (net) (2010)

Goldentree Asset Management, Avenue Capital Group and Goldman Sachs 6,000 (full and part-time) (2011) [1] [1]

Endell Group Holdings Ltd (ultimate parent company) [www.travelodge.co.uk www.travelodge.co.uk]

Travelodge Hotels Limited is a private company operating in the hotels and hospitality industry throughout the United Kingdom. Branded simply as Travelodge, it is the second largest in the budget hotel sector (behind Premier Inn) and third biggest hotel chain in the UK by number of bedrooms (31,600 at the end of 2010[1]) Travelodge Hotels Ltd is under separate ownership from the Travelodge chain of the United States.

Travelodge UK

2

Company history
Forte
In the 1980s, Lord Forte bought the US Travelodge brand and established it in Britain. He attached them to many of his Little Chefs as Little Lodge before later rebranding them as Travelodges. Travelodge was formerly a division of Forte Hotels, and was known as Forte Travelodge. Since then, it has become a company in its own right and has over four hundred Travelodge hotels, mainly located beside motorways and major roads, although more and more hotels are being opened in city centres. The first hotel was opened in 1985 at Barton-under-Needwood on the A38 near Lichfield, Staffordshire.

A city centre Travelodge in York.

Granada
In 1995, it was bought by Granada, when the Forte Group (formerly Trusthouse Forte)

You May Also Find These Documents Helpful

  • Good Essays

    Bear Stearns Case Summary

    • 427 Words
    • 2 Pages

    had one of the leading analysts to broker’s ratio in the business. Bear Stearns also continued its…

    • 427 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    cma case

    • 20824 Words
    • 137 Pages

    Adams & Vermeil Investments Inc. and CFX. All of these companies have their head offices in…

    • 20824 Words
    • 137 Pages
    Powerful Essays
  • Powerful Essays

    Travel journal 1.07

    • 1766 Words
    • 6 Pages

    First, his constant wars and the rebuilding of Constantinople after the Nika Riot caused serious financial problems for the empire. The reconstruction of the Hagia Sophia alone cost about 320,000 pounds of gold. Second, Justinian left the Byzantine army scattered across the empire. Many units were occupied fighting fierce nomads. One of these groups, a Germanic barbarian tribe called the Lombards, had managed to conquer much of northern Italy. The thinly-spread Byzantine forces fought to prevent the Lombards from pushing further into Italy. Finally, during the last years of Justinian’s reign, the empire suffered from several attacks of bubonic plague. Called Justinian’s Plague by modern historians, the illness killed millions of people. This created a severe shortage of human power, which weakened the military and the government.…

    • 1766 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Travel journal 1.02

    • 264 Words
    • 2 Pages

    1. What do you already know, or think you know, about Judaism, Christianity, and Islam?…

    • 264 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Travel System

    • 2765 Words
    • 12 Pages

    Due to increase in globalization and competitive nature, many enterprises are expanding their business globally and nationally. So, business Travel is an important thing to be encountered as it is part of the conducting business.…

    • 2765 Words
    • 12 Pages
    Satisfactory Essays
  • Better Essays

    firm Tower Brook Capital Partners. Some strengths of the company are its great pricing and excellent…

    • 1993 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Travelodge Hotels Ltd (Travelodge) is a budget hotel company based in the UK. The company was established in 1985 by Lord Forte. Travelodge operates more than 500 hotels with over 37,000 rooms located in major cities and regional centres in the UK; 11 hotels in Ireland and four hotels in Spain. It operates hotels under the Travelodge brand. The company serves around 17 million customers every year. The hotels also have bar cafe and restaurants which offer breakfast, lunch and dinner with varied cuisines. It serves over two million breakfasts every year. Furthermore, the company provides online and mobile reservation applications services. Travelodge is headquartered in Thame, Oxfordshire.…

    • 1692 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Hotels can be both independently owned or chain owned. The chain hotels tend to have the same layout and offer the same facilities no matter where you are because they are more impersonal but provide high quality consistently around the world, such as the Mercure Hotel in London and Paris. Also, hotels tend to cater for both business and leisure customers with a large range of products, such as a conference room for the business tourists, and activities for the leisure customers.…

    • 6881 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Travelodge is the first budget hotel brand to launch in the UK in 1985 and now operates 380 hotels (over 26,000 rooms) - in Ireland, Spain and the UK. Travelodge is growing rapidly with plans to operate 70,000 rooms (approximately 1000 hotels) by 2020 and aims to be the biggest hotel operator in London by the 2012 Olympics.…

    • 1485 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Whirlpool Corporation (NYSE: WHR) is a Fortune 500 company and a global manufacturer and marketer of major home appliances, with annual sales of approximately $20 billion, more than 70,000 employees, and more than 70 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Gladiator Garage Works, Inglis, Estate, Brastemp, Bauknecht, Consul, and other major brand names to consumers in nearly every country around the world.…

    • 1675 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Ethics: Goldman Sachs

    • 3300 Words
    • 14 Pages

    "Goldman Sachs & Co.: Lit. Rel. No. 19051 / JANUARY 25, 2005." U.S. Securities and…

    • 3300 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Berkshire Hathaway

    • 3591 Words
    • 15 Pages

    Berkshire Hathaway (NYSE: BRKA for supervoting shares and NYSE: BRKB for nonvoting shares) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance and specialty nonstandard insurance. The Company averaged an annual return in excess of 21% to its shareholders for the last 42 years while employing large amounts of capital and minimal debt.[citation needed]…

    • 3591 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Hotels are either independently for example Whitehall country club, or part of a hotel group or chain like Hilton and Premier Inn. Budget hotels offer a no frills service for a fixed low price such as Travel Lodge and Holiday express.…

    • 1755 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    W Hotels

    • 576 Words
    • 3 Pages

    The group has now 52 hotels all over the world, also in countries like Taiwan or Chili.…

    • 576 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Headquarters Regional Involvement Category Involvement World hotels share (2009) Value growth (2009) USA Global Travel accommodation (hotels) 3.8% -13.4%…

    • 7573 Words
    • 31 Pages
    Good Essays

Related Topics