Fund manager Salter Brothers is ramping up for the return of travellers, bringing on board hotel giant Accor to run its newly acquired Travelodge portfolio in one of largest hotel management portfolio deals in more than a decade.
Under the management agreement, Accor will roll out its brands – ibis Styles, Mercure and Novotel – across the 11-asset Travelodge portfolio that Salter, partnering with offshore institutions, took over last year from Mirvac and the NRMA in a record $620 million deal.
In one of Australia's largest hotel management portfolio agreement deals for over a decade, Salter Brothers has announced that its portfolio of hotels, acquired as part of the recent Travelodge acquisition, will be joining the global hotel giant Accor at the start of the 2023 financial year.
What hotel chain is Travelodge a part of? ›Travelodge by Wyndham | Wyndham Hotels & Resorts.
Did Mercure buy Travelodge? ›With the acquisition of the Travelodge portfolio by Salter Brothers now complete, a total of 10 hotels have joined Accor's portfolio, including nine Mercure hotels and an ibis Styles property in Sydney's CBD.
What was the old name of the Travelodge? ›| Formerly | Aeroclean (1963–1978) Fernley Aeroclean Company (1963–1978) Trusthouse Forte Airport Services (1978–1984) Trusthouse Forte (U.K.) (1984–1991) Forte (U.K.) (1991–2001) Travelrest Services (2001–2004) |
|---|---|
| Company type | Private limited company |
| Industry | Hospitality |
| Founded | 1985 |
Incorporated in 1946, Travelodge Hotels operates in resort and leisure areas in North America. Properties range in size from 25 to 200 rooms. Travelodge competes in the economy sector in the U.S. and the midscale, limited-service market in Canada.
Are Accor and Mercure the same? ›Mercure is a French midscale hotel chain owned by Accor. Created in 1973 in France, the brand was acquired by Accor in 1975, and subsequently became a major part of the company's midscale hotel portfolio, alongside Novotel.
Does Accor own Travelodge? ›Accor Completes Acquisition of the Travelodge Portfolio by Salter Brothers to Add Nine Mercure Hotels to Its Portfolio.
Is Premier Inn and Travelodge the same? ›Travelodge offers simple, no-frills rooms. They have less amenities and smaller accommodations than Premier Inn. Premier Inn has larger rooms, onsite eateries, and more modern design. Both Travelodge and Premier Inn offer budget-friendly and comfortable UK accommodations.
Is Travelodge part of Wyndham Rewards? ›Meetings, Events & Group Travel at Travelodge
With the Wyndham Rewards Earner® Cards, you can earn up to 45,000 bonus points—enough for up to 6 free nights at thousands of Hotels by Wyndham.
HFS was later merged into Cendant Corporation, and Cendant's hotel services, including Travelodge, were spun off as Wyndham Hotels and Resorts in 2006.
Being a hotel team member can mean a wide range of responsibilities and roles. Depending on which hotel you work in, you could be greeting customers on reception, supporting our housekeeping team, or serving in the bar.
Author: Aracelis Kilback
Last Updated:
Views: 6465
Rating: 4.3 / 5 (44 voted)
Reviews: 91% of readers found this page helpful
Name: Aracelis Kilback
Birthday: 1994-11-22
Address: Apt. 895 30151 Green Plain, Lake Mariela, RI 98141
Phone: +5992291857476
Job: Legal Officer
Hobby: LARPing, role-playing games, Slacklining, Reading, Inline skating, Brazilian jiu-jitsu, Dance
Introduction: My name is Aracelis Kilback, I am a nice, gentle, agreeable, joyous, attractive, combative, gifted person who loves writing and wants to share my knowledge and understanding with you.