Discount giant Travelodge has revealed it has ‘no plans’ to close its North Staffordshire hotels.
The company has given the assurance to guests after setting up a company voluntary arrangement (CVA) as part of its Covid-19 recovery plan.
It is an attempt to manage rent payments at certain hotels following the outbreak of the pandemic.
In North Staffordshire, Travelodge has hotels on Lower Street, in Newcastle; Newcastle Road, in Talke; and on Longton Road, in Trentham. It also has hotels on Alsager Road, in Barthomley; on Beswick Drive, in Crewe; and off the M6, in Stafford.
In a message to guests, the company stated: “Travelodge has no planned hotel closures. We plan to reopen our hotels from early July subject to the Government lifting the current restrictions. All bookings will be honoured in line with our terms and conditions.”
The message continued: “Travelodge is a strong company with a solid underlying business model. Prior to the current coronavirus crisis Travelodge had been operating very successfully with strong financial performance.
“However, as a result of the Government instruction to temporarily close the majority of our hotels for a minimum of three months, we have effectively had very low levels of income.
“A CVA allows us, subject to the agreement of our creditors, to manage our rent payments at certain hotels. We are confident that a CVA is the best way to secure a sustainable future for the business.”