VideoWho's behind the recent killings in Iraq? 19 Jan 15:36. Travelodge has bowed to landlord pressure and amended key terms of its financial restructuring, Sky News learns. "This is very much the opposite of the usual tenant-landlord conundrum," said Viv Watts, a landlord of two Travelodge hotels. His group of landlords offered the company zero rent for April, May and June, followed by a 20% discount for the rest of 2020. It may be more attractive to operate and manage the hotels themselves, he said, as all they need is a booking system and a brand. Forgetful guests at the budget hotel chain checked out without taking a whole array of weird, wonderful and sometimes very valuable items. Many landlords have also borrowed against their properties and have loans to pay off, making steep rental reductions hard to agree to. A builder who used a digger to destroy the entrance of a Travelodge hotel in Liverpool over a pay dispute…. Items left in Southampton Travelodge rooms throughout 2020. Video. However, the company is not planning hotel closures, and has said it will start paying full rent again from the end of next year. But landlords accuse the hotel chain of taking advantage of the virus pandemic to cut its debts at their expense. NewsNow aims to be the world's most accurate and comprehensive aggregator of Travelodge news, covering the latest on the independent hotel brand from the best online news publications. Recent news updates about Travelodge': Please do not cancel your booking. Many of his group's members are also pension funds and local authorities, he said. Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise. Skip to next photo. Travelodge is arguing that it will lose £350m in sales due to the lockdown and that 10,000 jobs are at stake. By Oliver Gill 3 June 2020 • 12:01am Travelodge will launch a radical overhaul of its business on Wednesday in a bid to force landlords to swallow rent cuts of more than £140m. Bizarre customer requests at Travelodge 2020 Travelodge (Press Release) 02:44 25-Dec-20. Budget hotel chain Travelodge have revealed the most bizarre requests received by staff over the past 12 months. TravelodgeProtect+ is our programme of cleaning and social distancing measures to keep everyone safe. Find out more Introducing our NEW Best Price Finder With our new BEST PRICE FINDER you can find our cheapest prices at a glance. The new Travelodge, off St Peters' Way in Mansfield town centre. Viv Watts, managing partner of Oasis Holding and who owns two Travelodge properties, set up the Travelodge Owners Action Group after Travelodge announced its desire for a second CVA in early 2020. Oil and gas extraction will be paused and wind energy will expand under Joe Biden's climate plan. Travelodge has opened two new hotels in London, boosting its portfolio of hotels in the capital to 77. A Travelodge sign. Travelodge is due to file for a limited form of bankruptcy - a company voluntary arrangement - on Wednesday that would allow it to force through rent cuts if necessary. Travelodge celebrate six new hotel openings in 2020 Travelodge has announced it is to open six hotels before the end of 2020 representing investment value of £45 million and the creation of 135 new hospitality jobs. A set of false teeth, a magician's hat and a life-size cardboard of Sean Connery were among the "bizarre left behinds" at Travelodge's hotels in 2020. AstraZeneca-EU row escalates over vaccine shortage, Gymnast's 'black excellence' routine goes viral, The homeless addict who became a professor, Why convicting Trump just got a lot harder, When your 'pandemic puppy' doesn't work out, Dave Grohl: 'I dreamt I was shot in the back', The comic in jail for jokes he didn't crack, A raccoon, pony and other White House pets. By Paige Cockburn. Aug - 2020 - 27 August. Britons are opting for ‘minications’ in the UK, taking more frequent and shorter breaks this year, according to new research…, Travelodge has revealed it is accelerating its hotel reopening programme by reopening a further 100 hotels this week and will…, Property tycoon Nick Leslau’s Secure Income has revealed it has begun to take action against Travelodge owner Goldman Sachs after…. © 2021 BBC. What's On . Travelodge has confirmed that its Lancaster Central site will be shutting down its premises permanently. Home; News; Travelodge chief executive Peter Gowers to step down; share . Sydney Travelodge hotel dumped from COVID-19 quarantine program after police saw photos of rooms . But landlords will only receive a fraction of the rent they are owed until the end of 2021. The company's owners will use Travelodge's £100m of reserves, £100m in new borrowings and £40m in fresh cash to prop up the firm. 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