Parsons is made Travelodge boss
Hotel chain Travelodge has promoted Guy Parsons, the head of its UK business, to the role of chief executive, as it recovers from a difficult recession.
Travelodge: Fighting on after a difficult recession
Parsons will take over the daily running of the business from Grant Hearn, who has been kicked upstairs to the position of executive chairman, while his deputy, Keith Hamill, becomes non-executive chairman.
Parsons will lead efforts to grow the business, owned by Dubai International Capital, after a recession in which hospitality companies suffered.
DIC is reputed to be planning to exit its ownership in 2012, but Parsons played down suggestions that the business would be sold to Whitbread, his former employer.
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