Travelodge Australia

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 Australia
Formerly
Southern Pacific Hotel Corporation
IndustryHospitality
Headquarters
Sydney
,
Australia
Number of locations
18
Area served
Australia, New Zealand
Key people
Antony Ritch (CEO)
Number of employees
491
ParentTFE Hotels
Websitetravelodge.com.au

Travelodge Hotels is under separate management to the Travelodge chains 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, TFE Hotels Collection and Travelodge Hotels brands across Australia and New Zealand.

It is the official hotel sponsor for the Travelodge Aussie Spirit Australian women's softball team.

Locations

Travelodge Hotels are located across the largest cities in Australia and New Zealand including Sydney, Melbourne, Brisbane, Perth, Newcastle, Darwin, Hobart, and Wellington with 17 properties in total. The newest hotel is Travelodge Hotel Wynyard Quarter, Auckland, which will open in October 2020 followed by Travelodge Hotel Hurstville in 2021.

gollark: 3.5" is the right one for most HDDs.
gollark: You *can* get things to mount HDDs there, at least.
gollark: That looks kind of optical-drive-y.
gollark: Apparently Zen 2 is using *two* branch prediction things.
gollark: It's still quite cool.

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.
  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.

Further reading
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.