More than 6.5m people stay at one of Travelodge’s budget hotels every year, with tariffs starting at just £15 a night. The company is working on boosting business and says it is on course to meet its target of opening 30 new hotels this year. Dubai International Capital bought the business in 2006 for £675m, keeping chief executive Grant Hearn at the reins. Sales were £203.5m in 2006.

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Company details
Year2007
Rank142
CompanyTravelodge
ActivityBudget hotel operator
LocationOxfordshire
Sales £m*203.5
Operating profit £m*47.0
Main shareholdersDubai International Capital
Staff4,686
Founded1985
Websitewww.travelodge.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda