Automatic

French institutional investor Iroko Zen SCPI has acquired the two-star, 110-room Travelodge Bournemouth Seafront in the UK from British real estate investment company Martin’s Properties for £11 million (£100,000 per room). The hotel includes a restaurant & bar and is situated in Bournemouth’s West Cliff, just a few minutes walk from Bournemouth Beach. The property is held freehold and is let to British owner-operator Travelodge, with an unexpired lease term of approximately 27 years. It underwent extensive refurbishment in November 2024.