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Budget hotel chain - Mayfair hotel spa - Kings luxury inn.

Budget Hotel Chain

budget hotel chain

    budget hotel
  • A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite

  • (Budget hotels) Value hotels for guests on a limited budget, p407.

  • cheap and has few amenities, suitable for low cost travel for backpackers and young people.

  • Confine with a chain

  • a series of things depending on each other as if linked together; "the chain of command"; "a complicated concatenation of circumstances"

  • connect or arrange into a chain by linking

  • Fasten or secure with a chain

  • (chemistry) a series of linked atoms (generally in an organic molecule)

Travelodge and Arcadia team up for new Edinburgh hotel

Travelodge and Arcadia team up for new Edinburgh hotel

Hotel chain Travelodge has revealed it is to open a new hotel in Edinburgh.

The new addition is part of a joint venture with retailer Arcadia Group and will be located just above the Topshop store on Princes Street, a famous shopping precinct.

Another new Travelodge is currently under construction on Queen Street. Both are expected to open in summer 2012.

The budget hotel chain has said it agreed a 35 year lease with Arcadia Group Ltd., which represents a ?10million investment.

Travelodge chief executive Guy Parsons has publicly noted that growth in Edinburgh is a major priority for the company. He also commented that "The demand for low cost, good quality accommodation in Edinburgh is a growing market and we are still looking to further invest in Scotland's capital."

Menzies goes into administration

Menzies goes into administration

Menzies Hotels has gone into administration after a decision by Lloyds to restructure ?230m of debt in the chain, Estates Gazette this morning reported.

It is another part of Robert Tchenguiz’s former property empire to have collapsed, says The Times. Holding company Piccadilly Hotels was placed in KPMG’s hands last week and the 16 Menzies properties immediately sold to a management buyout team in a pre-pack deal. Six budget hotels leased by Travelodge will be sold “in due course”.

budget hotel chain

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Post je objavljen 07.11.2011. u 22:13 sati.