Travelodge Australia

Travelodge Hotels Australia
Industry Hospitality
Headquarters Sydney, Australia
Number of locations
 18
Area served
 Australia, New Zealand
Key people
 Rachel Argaman (CEO)
Number of employees
 491
Parent TFE Hotels
Website travelodge.com.au

Travelodge Hotels is an Australian-owned brand of hotels, and a subsidiary of TFE Hotels. As at 16 February 2018, Travelodge has 18 hotels and 3,030 rooms across Australia and New Zealand

Travelodge Hotels is under separate management to the Travelodge chain of the United Kingdom and United States.

History

In 2005, the Toga Group entered into a long-term agreement to manage Travelodge Hotels in Australia and New Zealand.[1]

In 2005, JF Meridian Trust expanded its operational and capital base by raising A$126.9 million, part of which would go to buy a half stake in the Travelodge Hotel chain with the joint deal involving NRMA as co-owner and the Toga Group as manager of the chain.[2]

JF Meridian Trust was later absorbed into Mirvac Group, growing its initial 8 hotels to 13 properties.[3][4]

In 2014, rights to the hotel brand in 22 markets throughout the Asia-Pacific region were acquired by Singaporean company ICP. This excluded Australia and New Zealand where Mirvac and NRMA have retained brand rights.[5][6]

The Toga Group has since formed a joint venture with Far East Hospitality to create TFE Hotels[7] (Toga Far East Hotels), which operate the Adina Apartment Hotels, Medina Serviced Apartments, Rendezvous Hotels, Vibe Hotels and Travelodge Hotels brands across Australia and New Zealand.

Locations

Travelodge Hotels are located across the largest cities in Australia and New Zealand including Sydney, Melbourne, Brisbane, Perth, Newcastle, Darwin, Hobart, Rockhampton and Wellington with 18 properties in total. The newest hotel is Travelodge Hotel Sydney Airport which opened at Sydney Airport in 2017.[8]

References

  1. ↑ Bishop, Jen (27 May 2010). "The Aussie-Owned Hotel Group Worth $445 Million". Dynamic Business.
  2. ↑ Carolyn, Cummins (4 February 2005). "Meridian raises $127m, buys Travelodge". Sydney Morning Herald.
  3. ↑ Wilmot, Ben (25 May 2012). "NRMA low-balls Travelodge bid". The Australian Financial Review. (Subscription required (help)).
  4. ↑ "NSW motoring group angling for Travelodge". The Dominion Post. Wellington. 12 June 2012.
  5. ↑ Chia Yan Min (24 June 2014). "ICP acquires Asia Pacific rights to Travelodge brand". The Straits Times.
  6. ↑ Kelly, Martin (26 June 2014). "Mirvac, NRMA Sell Travelodge Asian Brand Rights for $3m". Travel Trends. Bluewater Press.
  7. ↑ "Toga Hotels checks-in under a new name: TFE Hotels (Toga Far East Hotels)" (Press release). TFE Hotels. 13 March 2014.
  8. ↑ "Travelodge Hotel To Touchdown In Mascot" (Press release). TFE Hotels. 11 October 2013.

Further reading

  • "Motels of Australia profit a record - to change name to Travelodge". The Canberra Times. 29 September 1967. p. 15.
  • Plain, Carl (19 September 1971). "TraveLodge had a humble start". Rome News-Tribune. p. 1-E.
  • Barnes, Allan (24 May 1972). "TraveLodge defuses opposition to bid". The Age. p. 16.
  • "TravelLodge to meet on takeover". The Age. 25 May 1972. p. 15.
  • "Slater Walker heads foreign bid for Travelodge". The Sydney Morning Herald. 25 May 1972. p. 12.
  • "Revised offer accepted by Travelodge". The Canberra Times. 27 May 1972. p. 17.
  • "Travelodge in Japan". The Canberra Times. 21 February 1973. p. 22.
  • "Travelodge Franchise". The Canberra Times. 29 May 1973. p. 15.
  • "British offer for U.S. motel chain". The Age. 20 August 1973. p. 10.
  • "Travelodge in Indonesia". The Canberra Times. 3 January 1974. p. 13.
  • "Offer for Travelodge Thought Reasonable". The Canberra Times. 28 July 1976. p. 18.
  • "Aust hotel group to expand into Thailand". The Canberra Times. AAP. 19 April 1990. p. 23.
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