Travelodge to open 85th London hotel
Thame-headquartered Travelodge, which operates nearly 600 budget hotels across the UK, Ireland and Spain, has exchanged contracts for a new hotel in Stratford. Once open, it will be the group's 85th hotel in London.
Planning permission has been granted to transform Gredley House, a vacant office building at1-11 Broadway, into a 151-room Travelodge. It will also be Travelodge’s closest hotel to Stratford Station, offering National Rail, Underground and DLR connections.
The new Travelodge will be built to a BREEAM Excellent standard and will feature the group's new design, as well as its 85 Bar Cafe.
Barnes Construction, which was responsible for building London Wimbledon Central Travelodge and is also on site building a new Travelodge hotel in London Chiswick, is the appointed contractor for the project and will be commencing construction of the hotel in May this year.
Travelodge has agreed a 25-year lease term with the building’s owner, Unex Group, which has been a long-term investor in the area for more than 50 years.