In more good news for the Brexit economy, Travelodge have announced that they will be aiming to open an additional 60 hotels over the next 3 years thanks to the opportunity that Brexit has created with an increase number of tourists expected to visit the country. The UK has already seen a tourism boom since voting to Leave the EU.
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The expansion will involve the company employing around 1,500 new staff. “We see considerable further potential to expand our network over the years ahead, and expect to open an average of 20 hotels each year over the next three years,” said Peter Gowers, Travelodge’s Chief Exec.
The new hotels will be on top of the 15 that the chain are planning to open in 2017 and is further proof that companies are keen to invest in a Britain that will very clearly be out of the EU and the single market.
Whilst the likes of Lord Mandelson continue whinging pessimistically on the sidelines, the economic reality is that British business is getting on with investment and delivering jobs in the UK.