LXi Reit obliged to sell 66 Travelodges
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LXi Reit obliged to sell 66 Travelodges

Travelodge Manchester
The REIT sells hotels first because they have the lowest loss in value. / © Travelodge

It is one of the biggest hotel deals in Europe this year: LXi REIT announced that it is selling 66 of its 122 Travelodge hotel properties for a total of £210mn (€242mn). The sale has not yet been finalised. At the same time, Travelodge itself is about to be sold.

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