Travelodges leases are structured at an intial fixed rent which is reviewed upwards only every 5 years in line with inflation. This structure offers a landlord a longer lease length (typically 25 years unbroken) than sub-sectors of the UK property market, combined with a greater level of security than that offered via a management contract or turnover lease structure, which is utilised by many of the hotel operators.

This lease structure and Travelodge Hotels Limited's good covenant provides an attractive investment product, which continues to recieve high levels of demand from a range of investors, including UK pension funds, various international investors, syndicated investors, family trusts and high net worth individuals.

Throughout 2010, the major UK institutional investors have been extremely acquisitive, with a number of the funds from the following companies all purchasing Travelodge leases on a standing investment, forward commitment or forward funded basis; AXA, Aviva, CBREi, PruPIM, Scottish Widows & Standard Life.