British hotel chain Travelodge is set to open a new hotel in Cadiz as part of a wider effort to regenerate one of the city’s most run-down industrial areas.
The company, which operates more than 600 hotels worldwide – including 13 in Spain – has acquired a 1,207-square-metre plot in the Zona Franca for €1.97 million.
The site is located in Cadiz’s outer industrial zone.
The deal was formally signed on Thursday by Fran Gonzalez, the Spanish government’s delegate to the Cadiz Free Trade Zone, and Fernando Vidaurre, representing developer VDR.
The project will include a hotel built across 4,077 square metres above ground, with additional underground space, and will incorporate the old Iberica Aga structure.
Officials say the investment marks a significant step in transforming an area that has long suffered from neglect.
Gonzalez described the agreement as proof that revitalised spaces can attract private investment, adding that the goal is to strengthen Cadiz’s economic and social fabric through new projects and businesses.
Plans submitted by VDR specifically position Cadiz as a destination for both leisure and business travel.
Authorities believe the new hotel could help meet growing demand for professional and corporate stays – an area that has traditionally been underdeveloped in this part of the city.
The hotel will be built by VDR, a Navarra-based construction firm with a strong track record across Spain.
Read more Andalucia news at the Spanish Eye.
