All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Mezz checked in at Travelodge as CVA approved

Some 97% of Travelodge’s creditors — including 96% of landlords — have approved a company voluntary agreement (CVA) that will allow its mezzanine lenders to finalise their takeover of the UK budget hotel chain, and reduce the levels of rent at some of its hotels.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree