Travelodge is to build 35 hotels (3,667 rooms) this year, creating 700 new jobs in the UK. These new properties are an investment of £300 million which will boost the companys property estate to 495 hotels and 35,841 rooms.

In addition, Travelodge has also announced it has increased its growth targets and plans to have 1,100 hotels and 100,000 rooms by 2025.

Guy Parsons, Travelodge Chief Executive said: "The hotels we will build this year have been a result of Travelodges commitment to expand during the recession whilst many companies put their development on hold. Last year we exchanged on 96 sites making it a record year while 52 of these exchanges were part of the biggest transaction in the hotel sector since 2008 with the pub chain Mitchells & Butlers.

"As a result of the recession, we have successfully acquired superior sites due to lower market property prices, which otherwise would not have been available for hotel use.”

Over half of the Travelodge hotels being built this year are situated in major UK cities. There are eight hotels being built in London, with three opening this year - this will mean Travelodge will become the largest single hotel brand in the capital this spring.

In addition there are three hotels being built in Birmingham, sites include the NEC, two city centre locations ( Carrs Lane and Bullring). In Manchester Travelodge is opening at the MEN arena and at the University. There are also city centre hotel openings in: Cardiff, Liverpool, Bristol, Lancaster, Canterbury, Cambridge and Hull.