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Travelodge Rival Goodnight Hotels Refocuses on Town Centre Development Opportunities

Group Launched by Kimmre and NPIM to Take on Travelodges from Disgruntled Landlords has a new Focus
Goodnight Hotels is turning its attention to town centre development opportunities. (Goodnight)
Goodnight Hotels is turning its attention to town centre development opportunities. (Goodnight)
CoStar News
December 10, 2020 | 1:52 P.M.

Goodnight Hotels, the US investor-backed group launched to take on Travelodges from disgruntled landlords during the pandemic, is to refocus its business on town centre development opportunities after it says Travelodge’s eventual CVA restructuring meant landlords were better placed to renegotiate acceptable terms with the budget brand.

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