A NATIONAL chain which revealed it was planning to open a new hotel in Bournemouth town centre has said it has no update it could yet “openly share”.

In October Travelodge announced the town was one of 10 “key destinations” in which it wanted to expand.

However, the company says it still has no update on its plans for Bournemouth that it could publicly share.

The move was part of a £100 million investment in building new hotels near to conference and event venues across the country.

The BIC was the third location named by Travelodge, after the ACC Liverpool and Echo Arena and Alexandra Palace in London.

Speaking at the time, Paul Harvey, Travelodge’s managing director for property, said there was a shortage of “good quality and low cost accommodation” near the BIC.

He said: “We have identified Bournemouth as one of ten key 10 conference and event destinations where we would like to open a fourth hotel in the town close to the BIC.

“This expansion collectively represents an investment of £100m for third party investors and a job creation of 300 jobs.

“Our three Travelodge hotels in Bournemouth are literally booked out as soon as event dates are released and value seeking attendees will travel as far as Poole, Christchurch and Lyndhurst to sleep whilst attending an event in Bournemouth.”

The company said it had identified a site in the town but could not reveal where it was.

A spokesman told the Local Democracy Reporting Service that there was still no update that they could “openly share”.