Travelodge

Source: Wikipedia, the free encyclopedia.
Travelodge by Wyndham
Travelodge Hotels, Inc.
Websitewww.wyndhamhotels.com/travelodge

Travelodge (formerly TraveLodge) refers to several hotel chains around the world. Current operations include: the United States, Canada, the United Kingdom, Spain, Ireland, New Zealand, Australia and several countries in Asia. As of December 31, 2018, it has 435 properties with 31,005 rooms.[1]

United States

Travelodge Las Vegas

The Travelodge brand was one of the first motel chains in the United States. Travelodge Corporation, was incorporated by founder Scott King in

Cleveland, Ohio,[2][3][4]

In 1996, the

Targeting families with children, Travelodge is well-known for its mascot Sleepy Bear, a smiling, sleep-walking teddy bear wearing a nightcap with his name, a nightshirt with the Travelodge logo, and slippers. The logo was created in 1954 by Robert Hale, while employed by Dan Lawrence Advertising agency of San Diego. Years ago, Travelodge would give a free toy plush bear to any child staying in the Sleepy Bear Den room, of which every Travelodge had at least one. The Sleepy Bear mascot has largely been retired, but can still be seen on some older Travelodge signs and is still used on some advertising. Travelodge also has a brand of lower-price motels called Thriftlodge with another mascot named TJ, a freckle-faced bear with a baseball cap and a T-shirt with the Thriftlodge logo and the name TJ on it.[9]

Canada

A Travelodge in Calgary, Alberta. Converted to a Thriftlodge in 2007, closed and demolished around 2017-2018. The Travelodge moved to building right next to the former Thriftlodge, that Travelodge was closed and demolished around 2018-2019.
Travelodge in Richmond Hill, Ontario

The Canadian Travelodge hotels are unusual for a

Thriftlodge in Canada. Travelodge Canada Corp. is owned by Superior Lodging Development TL Corporation based in Calgary, Alberta.[citation needed
]

With over 95 properties nationwide, Travelodge is the third-largest hotel chain in Canada.[citation needed]

United Kingdom

Travelodge has been running in the UK since the first hotel opened at

Burton Upon Trent in 1985. The company has been through several changes of ownership and reached £1bn in debts by 2008. The chain is currently being financed by Goldman Sachs and the hedge fund groups GoldenTree Asset Management and Avenue Capital Group.[10]

Asia / Australia

Headquartered in Australia and Singapore, Travelodge Hotels Asia is responsible for the development, management and franchise of all Travelodge hotels in 22 key markets throughout Asia. The launch of Travelodge Kowloon in Hong Kong in January 2017 marks the first strategic step and key milestone for Travelodge Hotels Asia. The company, owned by Singapore-listed ICP, has plans for expansion in other Asian countries including Thailand, Singapore, Malaysia, Indonesia and Japan within the next few years.[11]

See also

References

  1. ^ a b http://d18rn0p25nwr6d.cloudfront.net/CIK-0001722684/07a66b37-b5b1-4c86-9949-cba03f9f3417.pdf[bare URL PDF]
  2. ^ "Three Cleveland area firms have begun a joint venture". United Press International. September 2, 1982. Retrieved 20 July 2018.
  3. Youngstown Vindicator
    . 2 September 1982. p. 70.
  4. .
  5. ^ Carrier, Lynne (21 December 1995). "East Coast consortium purchases Travelodge U.S. for $167 million". San Diego Daily Transcript – via Factiva.
  6. ^ "Natl Lodging, HFS buy Forte's North Amer Travelodge opers". Dow Jones News Service. 23 January 1996.  – via Factiva (subscription required)
  7. ^ "Merged HFS, CUC begin trading under new name". The Wall Street Journal. 19 December 1997 – via Factiva.
  8. ^ Perone, Joseph R. (1 August 2006). "Cendant's split into 4 firms effective today". The Star-Ledger. Newark, New Jersey – via NewsBank.
  9. ^ "About Travelodge". Travelodge. Retrieved 20 July 2018.
  10. ^ Cave, Andrew (15 February 2015). "Travelodge has 'complete makeover' as it focuses on families and business". The Daily Telegraph. London. Retrieved 30 March 2015.
  11. ^ Min, Chia Yan (23 June 2014). "ICP acquires Asia Pacific rights to Travelodge brand". The Straits Times. Singapore. Retrieved 20 July 2018.