Travelodge developing its first hotel in Banbury

Travelodge, the UK’s first budget hotel brand, which operates over 600 hotels across the UK, Ireland and Spain, has exchanged contracts with Waterperry Court Developments Ltd to construct a new Travelodge hotel in the centre of Banbury – its first hotel in the town. 

Construction commenced this month and an opening of the new Travelodge hotel is targeted for the start of 2026. Banbury Travelodge will comprise 87 rooms and the Group’s in-house restaurant, 85 Bar Cafe. The site is centrally-located in Banbury town centre, at Waterperry Court, adjacent to Banbury railway station and a 5-minute walk from Castle Quay Shopping Centre and the town’s shops, restaurants and attractions. 

Travelodge already operates a number of hotels in Oxfordshire and its Head Office, employing over 600 colleagues, is based in Thame. Banbury Travelodge will be the Company’s 10th hotel in the county. Oxfordshire remains a key target area for Travelodge’s Development Team, with the Company actively seeking to expand its UK estate. The budget hotel chain has a requirement to open a further five hotels in the region, with locations including Abingdon, Carterton, Henley-on-Thames, Oxford and Wantage. 

Steve Bennett, Chief Property and Development Officer, comments: “Travelodge is continuing its expansion of its network of hotels across the UK and we are particularly excited to be developing our first hotel in Banbury. We will enter into a new lease to operate this new hotel in the area, which we are certain will be a fantastic addition to our expanding hotel portfolio. 

“We already operate nine Travelodge hotels in Oxfordshire, as well as having our Head Office in Thame. We see further significant potential to grow our brand across the county and are actively seeking development opportunities in five further locations in the region. We are open to a range of development types, such as office conversions, acquisitions of going concerns and forward funded new developments, and are keen to explore all available opportunities.”

For more information about our target requirements visit: https://www.travelodge.co.uk/our-business/property/development-and-funding/

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For further information please contact:

Alison McNulty, Property PR Manager: alison.mcnulty@travelodge.co.uk / 07774 055285

About Travelodge  

Founded in 1985, Travelodge is Britain’s very first budget hotel chain and today is one of  the largest budget hotel chains in the UK, with a portfolio of over 600 hotels and over 47,000 bedrooms across the UK, Ireland and Spain.  

Welcoming over 22 million guests annually across the UK, Ireland and Spain, the majority of Travelodge hotels are located  in major cities, towns and holiday hotspots as well as by airports and key business hubs. With over 90% of its hotels rated 4* or above on TripAdvisor, Travelodge is proud to offer guests across its diverse customer base a good value experience – whether they are travelling for business or leisure. 

Whether out celebrating a birthday, going to a concert or sporting event, visiting friends and family, taking a business trip, working away from home, or taking a short break, we help people to go and do their thing by Being the Brilliant Base.

Travelodge continues to invest in its ongoing hotel refit programme and has already upgraded 50% of the Travelodge room estate to its new design. The brand is also continually evolving its quality offering to deliver a better experience for its diverse mix of business and leisure guests, such as its new look Bar Cafe design, 85 Bar Café, which has been rolled out to selected UK hotels as part of the refit programme.  

Travelodge is focussing on its environmental and social impact, with sustainability integral to its business strategy. Its Better Future sustainability plan aims to build a more sustainable future for its customers, colleagues and the planet, underpinned by three core pillars: Inclusive – ensuring we are accessible, inclusive and well-priced to our customers and colleagues; Caring – creating a caring and healthy environment for our colleagues and customers and ensuring their wellbeing; and  Conscious – Travelodge is conscious of its impact on the planet, taking into account the waste it produces, the energy and other resources it consumes and the carbon emissions it generates.  

For further information visit travelodge.co.uk or the Travelodge Hotels Limited LinkedIn page.