Budget hotel group Travelodge has started on construction of a new, 113-room hotel in Chiswick, as it expands its offering in London.
The project represents the group's fourth hotel currently being built in London. The other three new-build hotels include a 95-room hotel at the Kia Oval Cricket Ground, in partnership with Surrey County Cricket Club.
A 73-room hotel in Bermondsey and a 72-room hotel in Beckenham are also being constructed.
Travelodge, one of London’s largest hotel chains, is also searching for a further 100 hotel sites across the capital.
With the opening of these four hotels, Travelodge will operate 84 hotels in the capital.
Travelodge secured forward funding in November 2022 for the development of London Chiswick Travelodge. The funding partner, RTP Global Real Estate Investments, purchased the site and committed to fund the development for £19.4 mln (€22.4 mln) and retain Travelodge as the development manager for the scheme.
Barnes Construction, which has a long-standing partnership with Travelodge and recently constructed Travelodge’s London Wimbledon Central hotel in 2022, has been appointed as contractor for the new, six storey Chiswick development.
The hotel is expected to be completed in Q1 2025 and will be let to Travelodge on a new 35-year lease, with five -yearly, index-linked rent reviews with caps and collars.
London Chiswick Travelodge is being developed to the group’s new, premium look and feel design specification and will be built to BREEAM Excellent standards and with an EPC rating of A.
Steve Bennett, Travelodge, chief property & development officer, said: 'We are delighted to be expanding our London hotel network with the construction of our first hotel in Chiswick.
'With over 80 Travelodges in London, we now operate in 31 out the 33 London boroughs and are one of London’s biggest hotel chains.'
