Travelodge has expanded its presence in Spain by opening five new budget hotels, enhancing its portfolio and addressing the growing demand for quality economy accommodations.

Information on the Target

Travelodge, the UK's first budget hotel brand, has a notable presence across over 600 hotels in the UK, Ireland, and Spain. Recently, the company announced the opening of five new hotels in Spain, located in Alicante Puerto, Barcelona del Valles, Madrid Alcala de Henares, Malaga Aeropuerto, and Murcia, comprising a total of 635 rooms. These establishments commenced operations on May 31, 2024, following their acquisition from the Louvre Group, thereby enhancing Travelodge's already strong portfolio in Spain.

The latest additions to Travelodge's Spanish operations will provide guests with increased choices for quality accommodations at competitive prices. With a current portfolio of six hotels in Spain, Travelodge aims to make good-quality, value-oriented lodging more accessible for both business and leisure travelers.

Industry Overview in Spain

The Spanish hotel industry stands as one of the most dynamic sectors in Europe. Known for being a top tourist destination globally, Spain has witnessed significant growth in the hotel market, driven by an influx of visitors looking for affordable lodging options. The country