UK budget brand Travelodge recently celebrated its 25th birthday and as well as throwing a party and inviting London's Mayer Boris Johnson to blow out the candles on the cake, the company also marked this milestone with the opening of hotel number 400: the Travelodge London Waterloo.

 Part Grade-II listed building and part new build, this 269-room hotel is the company's 34th property in the UK's capital and it was constructed at a cost of £21.1 million.

Travelodge plans to open another 18 hotels in London in time for the 2012 Olympic Games.

Commenting on the new opening, Guy Parsons, Travelodge's chief executive, said: "London Waterloo is the perfect example of the modern and vibrant company Travelodge has evolved into over the last 25 years…With the Olympics getting even nearer and given the prominent role tourism plays in the growth of the London economy, we have also invested heavily to ensure that Travelodge is the biggest hotel brand in the Capital [sic] in time for the 2012 games."

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