Well-known Irish hotel chain Travelodge has announced the launch of a new corporate department in response to growing demand by businesses for good value low cost accommodation.

Speaking in Dublin today, Seamus McGowan, Director of Travelodge in Ireland said: "Tough economic times mean that companies the world over are becoming more budget conscious and are no longer willing to pay exorbitantly high prices for unnecessary frills.

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"Over the course of the last six months Travelodge has seen a surge in corporate bookings which now account for 25% of our business."

Mr McGowan said the firm anticipates that these numbers will grow to 45% by June of this year.

"Our corporate department is designed to make the booking process straightforward and hassle free for our business customers. Users will be assigned a fixed year-round corporate rate guaranteeing them considerable savings," he said.

"In addition, we have added a number of features to our corporate package such as a corporate breakfast, Wi-Fi access, free car parking in all of our Republic of Ireland hotels and a facility which allows transfers and cancellations up to 12 noon on the day of arrival," added the Director.

(PR/JM)