Travelodge - comment

Bonds will be higher on hopes for relief from rises in business rates. The company had said the increase would be £12m in 2026, with more to come in 2027 through 2029. A review of the system may not guarantee permanent reform, but it could bring lower bills over the next three years.

https://www.thetimes.com/business/companies-markets/article/hotels-business-rates-2027-2h29557hk