Marston's and Travelodge partner in search for new sites
Marston's and Travelodge have joined together to search for 10 new jointly occupied sites.
The companies, which say they are expanding due to the increased demand from business travellers, have just completed a deal to build a new 57-bed hotel and adjacent 6,500 sq ft Marston's family pub restaurant in Wincanton, Somerset, due to open in 2010.
A joint letter from Derek Andrew, managing director of Marston's Inns and Taverns and Paul Harvey, managing director for development at Travelodge, will be issued tomorrow to over 100 landowners and developers.
The companies are looking for high profile, A Road sites of approximately one acre in suburban and out of town locations. They hope to open a further two such sites in 2010, and reach a target of finding 10 sites in the next 18 months.
Andrew said: "As a leading investor in new sites in the pub sector, this joint initiative will deliver a combination of excellent value pub and hotel accommodation from two of the country's best operators in the sector, giving our customers the best of both worlds at the same location."
Paul Harvey of Travelodge said the new sites would target new residential developments as well as business customers.
"By co-locating with Marston's, we will be able to develop sites which would not have been viable for ourselves alone," he said.
"With an ever increasing number of business customers staying with us, to compliment our city centre growth we are also looking for opportunities near to out of town retail and industrial areas. Given that these also tend to be near new residential developments, there is perfect synergy between our requirements and those of Marston's."
