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Travelodge or Travelodge by Wyndham (formerly branded TraveLodge) refers to several hotel chains around the world. Current operations include the United States , Canada , the United Kingdom , Spain , Ireland , New Zealand , Australia and several countries in Asia.
Travelodge is known for its budget style hotels and room types. [citation needed] They have a range of hotels across the United Kingdom, Ireland and Spain. Travelodge offers many different room types, from their iconographic standard budget style to a more sleek-high end look.
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In 2005, the Toga Group entered into a long-term agreement to manage Travelodge Hotels in Australia and New Zealand. [1]In 2005, JF Meridian Trust expanded its operational and capital base by raising A$126.9 million, part of which would go to buy a half stake in the Travelodge Hotel chain with the joint deal involving NRMA as co-owner and the Toga Group as manager of the chain.
The company was established by Whitbread as Travel Inn in 1987, to compete with Travelodge. Whitbread bought Premier Lodge in July 2004 and merged it with Travel Inn to form the current business under the name Premier Travel Inn, which was then shortened to the current name in October 2007. Premier Inn accounts for 70% of Whitbread's earnings.