Travelodge and Waitrose in tie-up

Hotel company Travelodge has joined supermarket chain Waitrose to develop three new hotel-and-retail sites, it was announced today.

At Aylesbury in Buckinghamshire, Travelodge will operate an 81-room hotel and Waitrose will open a 37,000 sq ft supermarket, with the project due to be completed by the end of 2012.

In Sidcup in south east London there will be an 84-room hotel and a 10,000 sq ft convenience store, scheduled to open in August 2012.

Then in November next year, there will be a 154-room hotel and a 6,000 sq ft convenience store opening in Vauxhall, south London.

In addition to these three sites, Travelodge is also developing and is in close negotiations on a further 25 co-partnership development deals with a number of large supermarket companies across the UK.

This co-development programme represents a £130 million investment and will create around 520 Travelodge jobs.

PA