A MAJOR hotel chain has revealed four Glasgow locations it hopes to build in.
Travelodge has written to Glasgow City Council proposing a joint development partnership.
The company, which already operates six hotels in the city, has a requirement to expand with a further four hotels.
Target locations include Glasgow city centre, Glasgow SECC, Silverburn, and Glasgow West End.
The city expansion programme would represent a multi-million-pound investment for third-party investors and create 100 new jobs across the region.
Travelodge is offering local authorities the opportunity to have one or multiple hotels within their region to support their regeneration programmes.
In 2022, Travelodge opened six new hotels, three of which were local authority partnerships.
The agreements have had unique funding structures, all of which have enabled local authorities to utilise their existing assets, create jobs, generate income, and help to regenerate brownfield land in strategically important locations.
Some of the new hotels have been built on surplus local authority land, with the funding provided either through the local authority’s internal resources or via low-cost funding from the Public Works Loan Board or third-party resources.
Upon completion of the hotel development, local authorities have the choice of either retaining ownership of the hotel and receiving an annual rent into the council’s revenue budget or selling the hotel with Travelodge as its operator.
Steve Bennett, Travelodge chief property and development officer, said: “In the current climate, local authorities are under extreme pressure to invest in their economy and support regeneration projects.
“This is why we have written to Glasgow City Council to offer our support as we have a requirement to open a further four Travelodge hotels in the city.
“In addition, our research shows that, on average, Travelodge customers will spend at least double their room rate with local businesses during their stay; this can be an annual, multi-million-pound boost into each local economy.
“We have a proven track record of working with 25 forward-thinking local authorities across the UK. Our effective, innovative co-partnership development deals are spearheading regional economic growth and providing a solid long-term revenue stream.
“Britain is now a nation of budget travellers, with more of us choosing to stay in budget hotels than any other hotel type and this trend is set to grow, which is why we are looking to expand our UK hotel network with a further 300 hotels.
"Adding a Travelodge hotel can be a catalyst to attract new businesses to support regeneration, bring vacant buildings back into economic use as well as attracting thousands of new overnight visitors to the area and revitalising high streets.”
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