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Wakemans Checks Out at £95 Million Flagship Travelodge

Wakemans Checks Out at £95 Million Flagship Travelodge

National property and construction consultancy Wakemans has completed work on Travelodge’s new £95 million flagship hotel, London City Travelodge PLUS – the jewel in the crown of the budget hotel group’s UK portfolio, which now stands at 551 hotels.

Wakemans acted as tenant’s agent on the Aldgate property which, with 395 rooms across nine storeys, includes 142 Travelodge SuperRooms, the group’s ‘premium economy’ room option, featuring a power shower, in-room Lavazza coffee pod machines, irons and ironing boards, larger desks and USB power points throughout,  as well as the new look and fully licensed Bar Café serving breakfast and evening meals.

Wakemans Senior Associate Director Nigel Himpson said: “We’re delighted to be working with Travelodge to support its aims of generating extra capacity to meet the growing demand for affordable accommodation, especially in London.”

Situated in the heart of the Capital’s business district and within walking distance of a number of famous attractions, including the Tower of London and London Bridge and on a Sunday, Petticoat Lane Market can be found on the hotels doorstep.

The hotel chain unveiled its new Travelodge PLUS ‘budget chic’ concept earlier this summer.  The budget chic hotel format is designed around the needs of the modern budget traveller who wants that little bit more style and choice. Travelodge PLUS hotels offer a distinctive choice of rooms as well as a new style Bar Café with touches to make it easier to work and relax outside the room.

Paul Harvey, Travelodge Managing Director – Property said: “As London’s first budget hotel chain, we are delighted to mark our 30th anniversary of trading in the Capital by opening our new flagship Travelodge PLUS hotel in the City of London.  This opening, which is our 75th London hotel, celebrates how far the brand has grown and become symbolic in London for offering unbeatable value and making it affordable for business and leisure travellers to visit our Capital.”

Wakemans has completed work on the £95 million London City Travelodge PLUS hotel.

“London remains a key growth area for Travelodge as there is a desperate need for more good quality and low cost hotels, especially across the boroughs. We are currently building a further four hotels in London in the following locations: Beckton, Elephant & Castle, Manor House and Peckham.  Collectively these hotels represent an investment value of around £82 million and a job creation of 150. However, this is just the start, as we are also actively looking for a further 100 sites across London, where we can open a Travelodge hotel over the next ten years.”