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Travelodge has announced that it has exchanged contracts for a new hotel in Douglas, Isle of Man.
Planning permission has been granted to develop a standalone, new-build, 80-room Travelodge, the company’s first on the island.
The new venue will also have an on-site restaurant and an 85 Bar Cafe, as part of a mixed-use scheme that will also include two, new, grade-A office buildings.
Detailed planning permission has been received and construction is expected to begin in early 2025, with handover of the hotel expected in 2026.
Travelodge has agreed a 30-year lease term with local developer Tevir Group, with Whitestone Retail and Leisure acting on behalf of Travelodge to secure the deal.
The site will form part of the new Villiers Square development, 60m from the seafront and a four-minute walk from the Ferry Terminal.
Tony O’Brien, UK development director, Travelodge said: “This new Travelodge in Douglas will be an excellent addition to our hotel portfolio and we couldn’t be more delighted to open our first hotel on the Isle of Man. We have been looking for a suitable opportunity to open a new Travelodge here for many years, and Villiers Square is the perfect site for a new, modern hotel that will provide great value and quality accommodation for leisure and business visitors to the island.
“We are excited for construction to begin in the new year and want to thank our development team of Whitestone Retail and Leisure and Baker Hollingworth for their hard work in securing and delivering this fantastic new project.”
Ciaran Doherty, managing director, Tevir Group said: “We are delighted to confirm Travelodge as our initial tenant on this landmark project, which will play an important role in enhancing Douglas’ hospitality offering.
“Villiers Square is a prominent development in our City Centre, and the addition of a well-recognised, trusted brand like Travelodge will make it even more attractive to both business and leisure travellers visiting the Isle of Man.”
