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Belfast’s largest hotel operator, Andras House, has bought the Travelodge in the city centre for £8.75m.
The company said it would spend additional money to refurbish the 90-bedroom property on Brunswick Street.
Rajesh Rana, director of Andras House, said: “Travelodge is a strong brand at the budget end of the UK market which people recognise and understand, and we are delighted to be its franchise operator in NI.”
Last year the company paid £7.35m for the 146-bedroom ETAP Hotel on the Dublin Road.
Andras House’s other hotels in Belfast include the Holiday Inn and the Crowne Plaza.
Its development pipeline includes an aparthotel scheme on Great Victoria Street.
The hotel sector has been the busiest part of the Northern Ireland commercial property market in what has been a slow period during 2024 and the start of 2025.
Other transactions have included the McKeever Hotel Group buying The Lodge in Coleraine, and Donegal brothers Patrick and Edmund Simpson taking control of Da Vinci’s in Londonderry.
BBC News
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