Home > Uncategorized > Travelodge woes

Travelodge woes

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/9481165/Travelodge-agrees-financial-restructuring.html

The downturn now seems to have filtered down to budget hotels or has it? You would have thought that the chain would have been beneficiaries of the tightening of belts but apparently not

But is this simply a case of classic over-expansion? It is a classic credit risk and it may well simply have been that they thought they were likely to benefit a little more than was realistic?

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: