proudly supports

Developer denies hotel chain troubles will impact on Lichfield scheme

Concerns over the future of a hotel chain will not impact on a key Lichfield city centre regeneration scheme, developers have claimed.

An artist's impression of the new Travelodge in Lichfield

An artist's impression of the new Travelodge in Lichfield

There had been fears that the Friary Outer scheme could be in doubt after Travelodge – who were confirmed as the operators of a new hotel at the centre of the development – revealed rising costs relating to its debts and sparked rumours of a takeover bid.

However S Harrison Developments who are working on the Lichfield redevelopment scheme, have played down suggestions that the news could push the project back.

“Travelodge is currently in the news as it seeks additional funding, but this will have no impact on the provision of much-needed affordable homes and the new car park planned for Friary Outer,” a spokesperson told Lichfield Live.

Latest updates on this story:

A volunteer wrote this. Say thanks with a coffee.

Advertisements
Founder of LichfieldLive and editor of the site.

2 Comments

  1. Andie McCurdy

    24th February, 2012 at 8:42 pm

    Any ideas as to when this is actually starting?

  2. Doopster

    25th February, 2012 at 11:52 am

    A 10-1 debt ratio would suggest otherwise, Messrs Harrison beginagain.