National property and construction consultancy Wakemans has completed a trio of new Travelodge developments in Spain following a joint venture agreement with Spanish consultant Groupo Plan.
Wakemans has advised on programming, operations, technical matters and the construction of three hotels in Valencia, Barcelona and Madrid. The 98 bed Travelodge Madrid Alcala opened this week and is situated in the heart of the city’s famous Julian Camarillo commercial district. In May this year Travelodge’s largest hotel in the country was completed, Barcelona Poblenou, a 250-room hotel and Valencia which is located close to the airport and which has 116 bedrooms was completed in September last year.
Wakemans was appointed by Travelodge to oversee its interests on all three projects and funding was provided by Spanish Bank BBVA and Standard Life.
“We are delighted to be working with Travelodge in Spain using an arrangement that enables us to maximise our expertise in this sector and our understanding of the client’s needs while also benefiting from Groupo Plan’s specialist local market knowledge,” says Wakemans director Shaun Baugh.
“The joint venture with Groupo Plan has proved to be very successful in Spain and may lead to other opportunities for us to operate in other countries along similar principles.”