Budget hotel chain on cards
Saturday, 12 Sep, 2011
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Former Thistle hotel chiefs are launching a budget hotel chain in cities which could compete with Travelodge.
Bev King, former chief operating officer of Thistle and Richard Meehan, who was head of corporate finance, will open the first Z hotel in Soho next month, according to the Sunday Times.
The venture is funded by a reported £10million from private investors.
By Diane Evans
Diane
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