Investors

Group Overview.

At Travelodge, our purpose is to provide affordable travel for everyone. We aim to offer our customers the right balance of location, price and quality to suit their travel needs.

Founded in 1985, Travelodge is the second largest hotel brand in the United Kingdom based on number of hotels and number of rooms operated. We leased, franchised and managed 595 hotels and c. 46,000 rooms throughout the United Kingdom, Spain and Ireland at 31 December 2022.

We operate in the midscale and economy (“MS&E”) sector of the hotel market (as defined by STR) and are positioned as a low-cost operator, offering standardised, modern guest rooms at affordable prices to both business and leisure customers. We aim to offer our customers the right balance of location, price and quality for their travel needs.

Travelodge is synonymous with affordable travel and is the best performing brand in the most buoyant sector of the UK hotel market, driven by our long-standing presence, wide geographic network and effective national marketing initiatives.

We are a predominantly UK leasehold business, representing over 98% of our total revenue. In addition, we operate ten hotels under management contract in the UK, five leasehold hotels in Spain and 11 hotels under franchise in Ireland and Northern Ireland.

We estimate that we attracted approximately 21 million customers in 2022, compared to over 19 million in 2019 pre-pandemic and approximately 90% of our bookings were made through our direct channels, including our own website. As of December 2022, our UK hotels had an average TripAdvisor score of four dots out of five.

In 2022, we employed over 12,000 people across our hotels and support offices, the majority of whom are on hourly paid contracts and worked in our hotels.

Travelodge delivered a record set of results in 2022. In the year ended 31 December 2022 we generated total underlying revenue of £910m (2019:£728m) and an EBITDA profit of £212.9m (2019: profit of £129.1m). We also continued our unrivalled track record of outperformance with 2022 marking our 8th consecutive year of outperformance against the competitive segment.

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TRAVELODGE Q3 2023 INVESTOR UPDATE

The next Travelodge Investor update for Q3 2023 is scheduled for 23rd November 2023 -2pm (UK time)

‍This call will be different to our prior calls as we will be hosting a webcast with the slides on screen, so please read the below instructions:

All participants need to register at the link below to gain access to the webcast- This link allows you to view and listen to the live webcast only - Once you have registered via the link- please use the same link to access the webcast on the 23rd November.

https://edge.media-server.com/mmc/p/wy4fx3fo

In order to ask questions during the Q&A at the end of the call you will also need to register for the below conference call details as well as the webcast above. You do not need to register for this if you do not intend to ask questions.

‍https://register.vevent.com/register/BI8c75ad1ffe5142b790c4860524d10369

Click on the call link and complete the online registration form.
Upon registering you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details.
Select a method for joining the call;

i. Dial-In: A dial-in number and unique PIN are displayed to connect directly from your phone.

ii. Call Me: Enter your phone number and click “Call Me” for an immediate callback from the system. The call will come from a US number.

Please also remember that when you dial into the conference call and the webcast simultaneously that you will need to mute the sound on your computer/webcast so you don't get feedback on the call line.

Please allow 15 minutes prior to the call to connect to the call.

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