Hotels & Accommodations
Travelodge Begins Construction on New Hotel in Loughton
Travelodge, the UK’s first budget hotel brand, which operates over 610 hotels across the UK, Ireland and Spain, has officially commenced construction of a new 100-room hotel in Loughton.
Conveniently located just off the M11 with easy access to the M25, the new hotel is an 8-minute walk from Debden Underground Station, offering direct Central line services into central London. For those travelling by car, the hotel provides on-site parking and is around a 30-minute drive from Stansted Airport. Guests can also enjoy nearby retail and dining at Epping Forest Shopping Park, along with easy access to the open green spaces of Epping Forest.
The hotel will feature Travelodge’s new premium design, including a modern reception area, next-generation rooms, and the stylish new 85 Bar Café – designed to meet the needs of business and leisure travellers alike.
Part of a wider mixed-use scheme that includes office and self-storage space, the standalone hotel is being delivered by Higgins Group as the developer and Barnes Construction as the principal contractor.
As Travelodge continues to grow its portfolio across the UK, the Loughton hotel represents a strategic addition to the portfolio, helping to meet growing demand for affordable accommodation within easy reach of London. The new hotel will also contribute to the local economy through job creation and increased visitor footfall.
Travelodge Loughton
Loughton, United Kingdom
Hotels & Accommodations
ITC Hotels First Quarter 2026 Earnings: Beats Expectations
ITC Hotels (NSE:ITCHOTELS) First Quarter 2026 Results
Key Financial Results
- Net income: ₹1.33b (up by ₹1.32b from 1Q 2025).
- EPS: ₹0.64 (up from ₹0.017 in 1Q 2025).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ITC Hotels Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 28%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
Performance of the Indian Hospitality industry.
The company’s shares are up 9.6% from a week ago.
Balance Sheet Analysis
While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We’ve done some analysis and you can see our take on ITC Hotels’ balance sheet.
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Hotels & Accommodations
Rohtak university inks deal with hotel group for apprenticeship programme
Maharshi Dayanand University (MDU) has signed a Memorandum of Understanding (MoU) with ITC Hotels — Classic Golf and Country Club — to start Apprenticeship Embedded Degree Programme (AEDP).
MDU Registrar Krishan Kant and ITC vice-president Pradeep Kumar signed the agreement in the presence of Vice-Chancellor Prof Rajbir Singh.
“With the MoU, MDU has become the first public university in the country to start such a professional degree programme in collaboration with the prestigious hotel group. Our aim has always been to provide quality, contemporary and employment-oriented education and the MoU will not only provide the students the opportunity to connect with the actual working system of the hotel industry, but will also make them employable,” said Prof Rajbir.
Prof Harish Kumar, Dean, Academic Affairs, said the partnership is the beginning of a new chapter in the Indian higher education system. “This model can become a source of inspiration for other universities, which will further strengthen the collaboration between education and industry,” Prof Kumar maintained.
AEDP Implementation Nodal Officer Prof Santosh Tiwari said the courses had been prepared in accordance with the principles of NEP, which is a meaningful effort towards reducing the gap between education and industry.
Hotels & Accommodations
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