Hotel chain calls on authorities for regeneration partnership
A BUDGET hotel chain has written to Halton Borough Council to suggest an innovative partnership to support regeneration.
The letter addressed to local authorities in Halton, Liverpool and Sefton.
During the last three years, Travelodge has completed seven local authority development partnership deals.
A Travelodge spokesman said these bespoke 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 land in strategically important locations.
Hotels in the programme are 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 or third party resources.
Travelodge chief executive Peter Gowers 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.
“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.”
Travelodge is suggesting an innovative partnership to support regeneration