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Waitrose and Travelodge team up with three new hotel-and-retail projects Monday, 28th November 2011
Up-market grocer Waitrose on Monday announced a new partnership with hotel company Travelodge, which will see the pair working on the construction of three new hotel-and-retail sites.
Sidcup, in south east London will see the first of the completed projects, when an 84-room hotel and a 10,000 sq ft Waitrose convenience store opens in August 2012. This will be joined by a 154-room hotel and 6,000 sq ft convenience store in Vauxhall in November next year, and finished off with an 81-room hotel and 37,000 sq ft supermarket in Aylesbury in Buckinghamshire.
In addition to these three sites, Travelodge is now developing a further 25 co-partnership development deals with a number of large supermarkets across the UK.
The co-development programme represents a £130 million investment and will create around 250 Travelodge jobs.
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Posted in Food, Franchise & Expansion, Retail Industry, Retail Property Tagged travelodge, waitrose, hotel, retail, sidcup, vauxhall, buckinghamshire, jobs, co-partnership, venture, announce, plan, retail property
