UK hotel and leisure group Whitbread is “still interested” in acquiring rival budget chain Travelodge
Whitbread’s outgoing ceo Alan Parker has told The Times newspaper he would still be ready to acquire the chain or any other competitor which came up for sale.
Parker, who hands over to ex-easyJet ceo Andy Harrison in November, said any deal would depend on the price.
Travelodge has said it is not for sale.
Whitbread, which yesterday (June 22) reported a 13.5% rise in sales at its Premier Inn chain for Q1, has long made known its interest in acquiring Travelodge, a privately owned company.
It has been in talks with Dubai International Capital, owner of Travelodge over a possible £3bn merger but no deal has ever been sealed.
Such a merger would create by far the largest hotel chain in the UK. Travelodge has 390 properties while Premier Inn has 580.