Travelodge Confident of Growth Despite Challenging Start to the Year

Travelodge Confident of Growth Despite Challenging Start to the Year

Budget hotel chain Travelodge -which is active across Ireland, the UK and Spain – has said it is confident of future growth despite a challenging first quarter to this year. The UK chain’s first quarter results show a revenue of £198.4m, which was down from £205.5m for the corresponding quarter last year; and a loss of £8.4m; a negative swing from a first quarter profit of £4.9m last year. The lower revenue was impacted by softer UK market rates…

Travelodge release Q1 2025 trading update - Hospitality & Catering News

Travelodge Group trading update for the quarter ended 31 March 2025 Revenue of £198.4 million (2024: £205.5 million) for Q1, supported by a diverse range of business and leisure customers and occupancy levels ahead of the market, but impacted by softer UK market rates, particularly in Greater London. Group EBITDA loss of £8.4 million (2024: […]