The buildings reverse Liverpool Avenue station may have the higher flooring transformed right into a resort with retail use on the bottom flooring.
Jo Boydell, CEO of Travelodge, stated: “The acquisition of 6 Broad Avenue Place and 15-17 Eldon Avenue marks one other important step in our UK growth technique as we proceed to develop and optimise our resort community.
“Workplace-to-hotel conversion is a sustainable approach of growing, permitting us to fulfill the rising demand for funds lodges whereas decreasing the carbon impression that new growth brings. We’re additionally excited to develop our portfolio in London, the place we at present function over 80 lodges, with an additional 5 developments underway.”
Travelodge continues to see important progress alternatives within the UK, with over 300 goal areas recognized following a complete market overview.
The Group is efficiently executing its growth technique, with 11 freehold and leasehold lodges opened within the yr up to now, and an additional 4 lodges exchanged or accomplished. Additionally it is exploring extension alternatives inside its current property.
