Hotel giant Travelodge is hoping to open 13 new branches across south east London.

The firm is aiming to add another 20,000 bedrooms to its portfolio across the UK by the end of 2025.

London remains a key growth area and the company is expecting to open at least 20 more hotels in the capital over the next five years.

The company is actively looking for opportunities in more than 100 London locations.  

Last year, plans for a 300-bed Travelodge on Greenwich Peninsula’s Boord Street were approved.

Read: Plans for 300-bed Travelodge on Greenwich Peninsula return after 'sleek' redesign

This expansion programme is expected to create over 500 new jobs, and could represent an investment of £350 million by third party investors.

Travelodge is targeting the following locations in south east London:

  • Abbey Wood
  • Beckenham
  • Bexleyheath
  • Biggin Hill
  • Blackheath
  • Forest Hill
  • Chislehurst
  • Deptford
  • Eltham
  • Lewisham
  • New Cross
  • Orpington
  • West Wickham

Tony O’Brien, Travelodge UK Development Director said: “As we look to the future, London is a world class destination for leisure and business travellers however there still remains a desperate need for more good quality, low cost accommodation; especially across the boroughs.

"Currently the budget sector accounts for 23% of the London hotel market. This is well below the national average (268%) and means London has less budget hotels than other major cities such as Birmingham, Edinburgh and Manchester.

"Also with the average hotel price currently at almost twice the level of the UK regions, consumers are crying out for more good quality, low-cost places to stay throughout the Capital."