Top Track 250

Travelodge was founded in 1985 and operates 546 hotels across the UK, Ireland and Spain, attracting 18m customers and employing more than 10,000 people. Under chief executive Peter Gowers, 45, it opened 19 new hotels last year, and this year announced a £5m investment in its SuperRooms, targeted at corporate clients, who already account for more than half of all guests. Plans are in place to open a further 15 hotels by the end of this year.

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Company details
ActivityBudget hotel operator
Sales £m597.8
Operating profit £m61
Main shareholdersInstitutional investors (>50%), management (<50%)

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda