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Travelodge to Open New Hotel as Part of Watford Riverwell Regeneration Scheme
Travelodge to Open New Hotel as Part of Watford Riverwell Regeneration Scheme

Hospitality Net

time3 days ago

  • Business
  • Hospitality Net

Travelodge to Open New Hotel as Part of Watford Riverwell Regeneration Scheme

Travelodge, the UK's first budget hotel brand, which operates over 600 hotels across the UK, Ireland and Spain, has exchanged contracts to develop a new 131-bedroom hotel in Watford. This latest addition will be the group's second hotel in the town and forms part of Watford Riverwell, a major, £500 million regeneration scheme (set up in 2013) being delivered through a joint venture between Kier Property and Watford Borough Council. The 70-acre development in West Watford is the largest regeneration project in the area, transforming former industrial land into a vibrant new district featuring residential, commercial, retail, leisure and healthcare facilities. Travelodge will play a key role in delivering new infrastructure to support the town's future growth, while also boosting local employment and economic activity. The hotel chain has entered a 30-year lease with Kier Property to operate the hotel once it is developed. The group's second hotel in Watford is in a prime location for both business and leisure travellers, located very close to Watford General Hospital and Vicarage Road Stadium, home of Watford Football Club and a host venue for a variety of events. Other nearby attractions include the Warner Bros. Harry Potter Studios and Wembley Stadium, just a short train journey away. The hotel benefits from excellent transport connections, thanks to a new link road, and is under a ten-minute drive from Junction 5 of the M1. It is also within one mile of Watford's High Street, Watford Junction, Bushey and Watford Met stations. The new four-storey hotel will feature Travelodge's new, premium look and feel design, which includes a freshly-designed reception area, next-generation rooms and its new, stylish restaurant concept, 85 Bar Cafe - offering everything a business or leisure guest needs for a comfortable and relaxing stay. At ground level, the building will also include two additional retail and leisure units and benefit from 78 dedicated parking spaces within a designated section of the adjacent, recently opened multi-storey car park. Freeths advised Travelodge on the transaction and Kier Property was represented by Pinsent Mason. Hotel website

Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture
Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture

Scottish Sun

time06-05-2025

  • Business
  • Scottish Sun

Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture

The former heavyweight champion hopes the potential investment can come to fruition 'PHENOMENAL' Anthony Joshua in talks over 'serious investment' in former Premier League club as boxer looks for new business venture Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) ANTHONY JOSHUA has revealed he's on course to punch a serious investment in Watford. The former two-time unified heavyweight champion, who has earned over £219MILLION in his boxing career, grew up in the town and has given back to the community through his Clean Herts Community initiative over the years. 4 Former two-time heavyweight champion Anthony Joshua grew up in Watford Credit: ACTION IMAGES 4 AJ has given back to the local community over the years through his Clearn Herts Community initiative 4 The London 2012 Gold medallist now wants to invest in Watford Football Club Credit: GETTY But the Watford warrior, 35, now wants to use millions in the bank to help get the Bees buzzing again. He told SecondsOut: "We wanted to move into private equity, venture capital funds. "As you earn, naturally, you want to save. "So rather than me spending recklessly I'm trying to invest money into certain asset classes and that was an opportunity that presented itself. 'Nothing's come of it yet. It's a serious investment. If it comes off it's one that should do well. 'If they went back to the Premier League, then I'd need to get a shop on Market Street because the traffic that would be coming through Watford would be phenomenal. 'If we don't do it then good luck to them anyway because they're a great team." Watford ended the Championship season in 14th place, a whopping 11 points off the final play-off place. JOIN SUN VEGAS: GET £50 BONUS 4 Joshua has been on the sidelines since his crushing fifth-round KO defeat to Daniel Dubois in their Wembley war last September. AJ is currently eyeing a long-overdue Battle of Britain with rival Tyson Fury, who recently performed a public U-turn on his latest retirement. Eddie Hearn provides update on Anthony Joshua's injury and Tyson Fury fight But their mammoth domestic dust-up won't take place any time soon as Joshua is set to go under the knife in the coming weeks to address a long-standing elbow injury. When quizzed about his ring return, he told DAZN: "I'm trying to get my body right. "I have got to actually have a little surgery on my elbow. "A small surgery sometime in May. I'm finalising the details. "That will see me out of the gym for maybe six to eight weeks, and then when I'm healed, I will be back."

Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture
Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture

The Irish Sun

time06-05-2025

  • Sport
  • The Irish Sun

Anthony Joshua in talks over ‘serious investment' in former Premier League club as boxer looks for new business venture

ANTHONY JOSHUA has revealed he's on course to punch a serious investment in Watford. The former two-time unified heavyweight champion, who has earned over £219MILLION in his boxing career, grew up in the town and has given back to the community through his Clean Herts Community initiative over the years. Advertisement 4 Former two-time heavyweight champion Anthony Joshua grew up in Watford Credit: ACTION IMAGES 4 AJ has given back to the local community over the years through his Clearn Herts Community initiative 4 The London 2012 Gold medallist now wants to invest in Watford Football Club Credit: GETTY But the Watford warrior, 35, now wants to use millions in the bank to help get the Bees buzzing again. He told "As you earn, naturally, you want to save. "So rather than me spending recklessly I'm trying to invest money into certain asset classes and that was an opportunity that presented itself. Advertisement READ MORE BOXING NEWS 'Nothing's come of it yet. It's a serious investment. If it comes off it's one that should do well. 'If they went back to the Premier League, then I'd need to get a shop on Market Street because the traffic that would be coming through Watford would be phenomenal. 'If we don't do it then good luck to them anyway because they're a great team." Watford ended the Championship season in 14th place, a whopping 11 points off the final play-off place. Advertisement Most read in Sport JOIN SUN VEGAS: GET £50 BONUS 4 Joshua has been on the sidelines since his crushing fifth-round KO defeat to Daniel Dubois in their Wembley war last September. AJ is currently eyeing a long-overdue Battle of Britain with rival Tyson Fury, who recently performed a public U-turn on his latest retirement. Advertisement Eddie Hearn provides update on Anthony Joshua's injury and Tyson Fury fight But their mammoth domestic dust-up won't take place any time soon as When quizzed about his ring return, he told DAZN: "I'm trying to get my body right. "I have got to actually have a little surgery on my elbow. "A small surgery sometime in May. I'm finalising the details. Advertisement "That will see me out of the gym for maybe six to eight weeks, and then when I'm healed, I will be back."

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