Development

Travelodge to hatch plans for international expansion in 6-12 months

Travelodge is going to start putting together plans for international expansion in the next 6-12 months, industry sources said.

Travelodge UK Sources told Thomson Financial News the group, acquired by Dubai International Capital for 675 mln stg last year, would start to 'seriously consider' means of taking the brand overseas in the next 6-12 months with Spain the most obvious place for the budget hotels group to start.

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Source - Forbes



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