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Hotel research welcomes British ‘staycation’ trend, thanks to Brexit

Brexit has helped accelerate us to become a mighty Staycation Nation as 2019 is set to be the strongest year for holidaying at home, according to new research out today by Travelodge. This summer, 69% of Britons are taking their annual summer holiday in the UK which is an increase of 12% (57%) from 2018 with the average holiday being eight days. This year, British holidaymakers are also splashing out a little extra on their summer break and spending on average £874. This is the highest spend since Travelodge started…

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Travelodge to create more than 350 UK jobs with 17 new hotels

Travelodge is planning to open 17 new hotels this year, creating more than 350 jobs. Around £115 million will be invested in the expansion programme. Peter Gowers, Travelodge’s chief executive, said: “Despite the uncertainty facing the UK, the long-term prospects for low-cost hotels remain strong. “The next phase of our expansion plan will see us deliver more choice in more places than ever before. “We’ve come a long way from our early days by the side of the motorway and today’s Travelodge not only offers the same great value as…

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London developers: “improve town planning” to treat Brexit pain

The London development industry is unconvinced that the latest Brexit extension will help solve the current impasse in the House of Commons. According to the spring 2019 edition of the bi-annual London Development Barometer (LDB) survey by M3 Consulting – taken in mid-April to provide a snapshot of market sentiment just after the announcement of the latest Brexit extension – 48% of respondents do not believe it will lead to a better deal while only 36% do. Meanwhile, 16% said they did not know what impact the latest Brexit delay…

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