A Travelodge in Blackpool has sold at a 5.6% net initial yield, a record in the last 12 months, as £110 million of the budget hotel operator's assets changed hands.
Travelodge Hotel Sales Top £110 Million in 12 Months
Mainstay Adviser on Sales Kimmre Says More To Come as Investor Appetite Increases
By Paul Norman
CoStar News
September 7, 2023 | 1:45 P.M.
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IN THIS ARTICLE
- Properties
- Travelodge Blackpool South Promenade Hotel
Balmoral Rd, Blackpool, LAN
- Travelodge Gatwick Airport Central
Povey Cross Rd, Horley, SRY
- Travelodge London Whetstone Hotel
1446 High Rd, London, LND
- Companies
- Travelodge Hotels (UK)
Accommodation and Food Services
- Kimmre
Real Estate