The budget hotel chain Travelodge is hoping to create jobs and boost the local economy in Cumbria by building new hotels.
The chain, which operates over 550 hotels, is writing to Cumbria County Council, Allerdale Borough Council and South Lakeland District Council proposing Local Authority development partnership deals.
The firm has completed seven similar deals over the past three years at other locations around the country.
Travelodge currently operates seven hotels across the county, including in Kendal and Burton, just off the M6.
The deals see hotels built on surplus local authority land with the funding provided either through the Local Authority’s internal resource or via low-cost funding from the Public Works Loan Board, which provides loans to public bodies, or third party resources.
These agreements have enabled Local Authorities to create jobs, generate income, and help to regenerate land.
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.
Travelodge has a growth strategy in place to grow its business with over 200 hotels over the next ten years. It plans to work in partnership with Local Authorities to help deliver the programme.
Peter Gowers, Travelodge Chief Executive, said: “More and more local authorities are under pressure to find ways to help regenerate their historic town centres and local communities. Adding a low-cost hotel like Travelodge is an increasingly attractive choice, as it draws visitors, creates jobs and helps boost the local economy.”
“Our customers are travelling more frequently and we are opening new hotels to ensure we are in locations where they want to be. We are delighted to be working together with forward-thinking local authorities like Dudley Council to help support their regeneration programme with the opening of a new Travelodge.
"We are looking for more sites to drive our expansion programme and today we are writing to more than 200 other local authorities, to invite them to consider how Travelodge can act as a catalyst to drive their local development agenda.”