Dalata Hotel Group

Travelodge update reflects issues with the budget sector and the capital light model

  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 252c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

Travelodge has reported Q1 2020 results reflecting a loss for the period and plans to renegotiate terms with its bondholders and landlords. This update reflects the risks associated with the tight margins of the budget sector and the underappreciated risks associated with operating hotels on a pure leasehold/capital light model.

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May 18 2020, 15:10 IST/BST

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