Travelodge has written a letter to 220 Local Authorities across Britain, including Croydon Council. The letter proposes two new hotels to be built within the borough — target areas include Purley and Coulsdon.
The company puts forward a “joint development partnership that can act as a catalyst to stimulate regeneration and facilitate further growth”.
Travelodge is one of the UK’s largest hotel brands, which operates nearly 600 hotels.
The group says the hotels would represent a multi-million-pound investment for third-party investors and create around 50 new jobs.
This letter outlines how Travelodge feels it has been supporting other Local Authorities in England, Wales and Scotland – with regeneration, jobs, tourism and by being a solid income stream.
Steve Bennett, Travelodge Chief Property and Development Officer said: “In the current climate, Local Authorities are under extreme pressure to invest in their economy and support regeneration projects.
“This is why we are today writing to Croydon Council.
“This expansion programme could represent a multi-million investment for third party investors and create 50 new jobs in the Borough. In addition, our research shows that, on average, Travelodge customers will spend at least double their room rate with local businesses during their stay; this can equate to an annual, multi-million pound boost into the local economy.”