Travelodge strengthens its presence in Spain by opening its fourth hotel in Valencia and starts building work on a new 250-room hotel in Barcelona Rambla Poble Nou. Both hotels represent a combined investment of £40 million and will create 66 new jobs. The new Valencia Travelodge is located at the airport – which is Spain’s eighth busiest airport and annually serves 6.5 million passengers. The 116-room hotel represents a £10 million investment in Spain’s third largest city and has created 16 new jobs. Rooms are available from 20 Euros.
The Barcelona Rambla Poble Nou Travelodge which is scheduled to open in spring 2013 is located in the heart of the business district (at @22 Barcelona). The ten storey hotel represents a £30 million investment and will create 50 new jobs.
These two properties have boosted Travelodge’s Spanish portfolio to five hotels and 602 rooms. The budget hotel chain already has an 83-room hotel in Barcelona Hospitalet and two hotels in Spain’s capital city Madrid – which include a 74-room property at Torrelaguna and a 79-room hotel in Las Rozas.
The Spanish tourism industry accounts for over 10.5% of the GDP and its growth has been more positive than the overall Spanish economy with a year on year growth of 1.4%
With over 2.5million visitors annually visiting Valencia, the new Travelodge hotel has got off to a flying start with a high level of bookings. Room rates start from 20 Euros. Each room has en-suite facilities, a luxury king Size bed, air conditioning / heating, a flat screen TV and Internet connection. The hotel also has a Bar Café which offers a 24-hour food and drink service.
With the opening of Valencia Airport Travelodge, has 485 hotels and 34,342 rooms (470 hotels UK, 11 Ireland and 4 Spain). The budget hotel chain plans to grow its estate to 1,100 hotels and 1000,000 rooms by 2025.
