Travelodge seeing signs of improvement after subdued growth in the first quarter | City & Business | Finance
Budget hotel chain Travelodge says its first quarter revenues are up 3.5 percent to £205.5million due to resilient demand from business travellers and holiday makers.
Chief executive Jo Boydell added that although trading in April, the start of the second quarter, was impacted by the timing of bank holidays, poor weather and fewer events versus the same period last year, it has since recovered.
She said that its second quarter trading is now running in line with 2023 levels, and that it has…