Top Track 250

Founded in 1985 with its first hotel in Barton-under-Needwood, Staffordshire, the Oxfordshire-based Travelodge chain operates more than 580 hotels in Britain, Ireland and Spain. In May, its chief executive, Peter Gowers, 47, revealed plans to open a further 17 this year, including in Bury St Edmunds, Glasgow and Winchester. These establishments, to be developed by third-party investors, will have an estimated value of £115m.

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Company details
ActivityBudget hotel operator
Sales £m693.3
Operating profit £m61.3
Main shareholders

Institutional investors (>50%), management (<50%)


If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda