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Travelodge to open 22 new hotels
travelodge said it was spending Â125m open the 22 new hotels as part of its plans to increase its estate to 1,000 hotels by 2020 .
the credit crunch is forcing people to review their spending habits and we are seeing more customers shift to budget hotel accommodation, said travelodge managing director paul harvey .
owned by dubai international capital, travelodge currently has 339 hotels in the uk and 11 overseas .
travelodge is to open 22 new hotels before christmas, creating 450 jobs .