Travelodge has bought six properties from Menzies for £85m.
As part of that, they have bought the four star Menzies Belford in Edinburgh. It seems a shame for a long-standing luxury hotel to be replaced by another faceless budget chain.
The Scottish capital seems to be attracting lots of hotel projects at the moment. Another is the Hotel Missoni (right).
To open in the first quarter of 2009, it will have Missoni's distinctive patterned style and a great location on the Royal Mile. It sounds like it will be a really imaginative addition to the city's hotels.