Travelodge and Waitrose are to develop combined sites as the hotel company looks to ramp up operations alongside retailers.

The upmarket grocer is to develop three new hotel-and-retail sites in Buckinghamshire and London on the same site as new Travelodge hotels, although no deal has been signed between the two parties.

The hotel chain is in negotiations to develop 25 further co-partnership development deals with supermarkets in an investment programme worth £130m, the Press Association reports.

The three Waitrose complexes are due to open next year. Waitrose will open a 37,000sq ft supermarket by an 81-bed hotel in Aylesbury by the end of 2012, its 10,000sq ft convenience store in Sidcup is scheduled to open in August and in November it will open a 6,000sq ft convenience store opening in Vauxhall, south London by an 154-room hotel.

The grocer stressed there had been no deal with Travelodge and the developments had been agreed with site owners.

 

Topics