Hotel chain Travelodge has revealed an eight-year plan to 3, 000 jobs across the UK with the opening of 150 new hotels that will boost the construction trades.

The new hotels include four London locations, cementing Travelodge’s position as the capital’s biggest hotel brand; a new central Glasgow property and key regional locations including the Thames Valley tech corridor, Southampton and Bristol.

The Chancellor of the Exchequer, George Osborne visited Birmingham Airport Travelodge had welcomed news that Travelodge is set to create more than 3,000 jobs across the UK as it looks to boost its estate by opening more than 150 new hotels over the next eight years.

George Osborne said: “Our long-term economic plan for the Midlands is to make the area an Engine for Growth by backing business and supporting growth. The expansion of a great British brand like Travelodge within a growing hotel and leisure industry in the UK, is fantastic news.”

“Travelodge’s expansion is not just reliant however on tourists as increased demand from business customers and families have also boosted growth.”

Peter Gowers, Travelodge Chief Executive said: “We are well underway with our plans to build new Travelodge. We’re investing more than £100m in modernising our hotels for our customers and we now have 87% of guest rooms upgraded to our new look. In 2015 we are opening 15 new hotels, creating 400 new jobs and extending our network still further.

“With our modernised hotels and unbeatable value, we are well placed to serve the rapidly growing demand for low-cost travel. We see the potential for more than 150 further hotels across the UK and look forward to creating more great places to stay and thousands more jobs over the years ahead.”