Common developing by ALDI and Travelodge
In the UK, discounter Aldi is teaming up with Travelodge to launch a series of hybrid hotel-supermarket developments.
The two companies are developing sites
in Newquay and Middlesbrough which will offer budget hotel
accommodation and shopping in the same building. If successful the
joint venture is likely to be rolled out in other locations across
the country. "By developing sites jointly with Aldi we are
sending out a clear signal that the budget sector in the UK is going
to make the most of the chances presented by the economic downturn,''
according to Paul Harvey, Managing Director for Development at
Travelodge. Aldi will own the freehold on both new sites with
Travelodge as the leaseholder, in line with both companies' property
ownership models.
Related news
Related news
These were the most popular tech items of 2024
This year, the interest in technology among Hungarians has not…
Read more >SPAR and the Trade Union of Commercial Employees have reached an agreement on wages for 2025
SPAR Hungary Retail Ltd. and the Trade Employees’ Union (KASZ)…
Read more >Lidl becomes a featured food chain partner of VEGANUÁR™ 2025
Lidl Hungary has become a featured food chain partner of…
Read more >