#TRAVELODGE plans to expand into port locations with 14 hotels at a cost of £84 million on the back of growth in the ferry and cruise markets.
The planned expansion – announced at the opening of the budget chain's Southampton West Quay hotel – is expected to create 350 jobs.
The company is looking at sites in Portsmouth (three hotels), Liverpool (two hotels), Harwich, Hull, Newcastle, Plymouth, Haverfordwest, Newhaven, Grimsby, Greenock, and an additional property in Southampton.
The company's managing director of property, Paul Harvey, said: ‘As a result of more Britons taking to the waves, we have also experienced a boom at Travelodge. Our port-based hotels have seen a 9% rise in occupancy as Britons kick start their dream sea holiday by staying over in a Travelodge hotel prior to early embarkation.’
Associated British Ports chief executive, James Cooper, said: ‘The UK’s ports are going through something of a renaissance, with significant investments taking place across the country. One of the fastest growing segments has been ferry traffic as people increasingly appreciate that ferries offer better value and less hassle than the alternatives. Add the extraordinary growth in the cruise industry in recent years and it is not surprising that demand for hotels in our ports is also increasing.’
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