Is Travelodge in debt?

Liquidity and Financing Update In 2022 Travelodge generated positive cashflow of £116.6m before the repayment of over £100m of debt. The £40m RCF was fully repaid in 2022 and remains undrawn and in October 2022 Travelodge repaid the £60m senior secured term loan in full.



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Premier inns are really predictable in terms of quality. Usually good sized rooms, friendly staff, high level of cleanliness. Travelodges can be very patchy. I've encountered surly, unhelpful staff; filthy rooms; inadequate towels; running out of toilet paper...

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