19th February 2012

“You may have read in the press that Travelodge is currently undergoing a debt restructure; this is a standard process that many big companies undertake. There is nothing to worry about; it’s business as usual for us. Our 499 hotels are trading well and we are on track to open the 41 hotels we announced at the start of this year. We opened our sixth hotel in Liverpool just a couple of days ago and we will be celebrating the opening of our 500th hotel next month.”

Guy Parsons