Retail news
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Whitbread in talks with Travelodge
- Posted:
- 18 March 2008 09:27
Whitbread Group is understood to be in merger talks to combine its Premier Inn chain with Travelodge. Travelodge is owned by private equity group Dubai International Capital (DIC), which is owned by the Arab Emirate’s ruling sheikh. The combined group could be worth as much as £3 billion and would ...read more
Travelodge expands into Spain
- Posted:
- 20 November 2007 09:04
Budget hotel operator Travelodge is planning to open up to 100 sites in Spain. For the past two years the group has operated three trial sites in Barcelona and Madrid and has earmarked Malaga, Zaragoza, Bilbao and Valencia as possible new locations.Chief executive Grant Hearn plans to open five hotels, ...read more
Travelodge push to create 10,000 new jobs
- Posted:
- 21 May 2007 09:48
Budget hotel chain Travelodge has announced that it is to create 10,000 new jobs as part of a £3.5 billion plan to open 40 new hotels every year up to 2020. The new sites will be concentrated in the greater London area as well as Wales and Scotland. The push ...read more
Administrators save nearly 200 Little Chef restaurants
- Posted:
- 04 January 2007 09:53
Little Chef has been put into administration, despite hopes for a last minute deal with Israeli property company Arazim Investments.The roadside restaurant chain appointed PricewaterhouseCoopers as administrators yesterday, although nearly 200 restaurants were sold to private equity company RCapital and will continue to trade. In a statement, Ian Green, joint ...read more
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