Travelodge Toronto Downtown West

If its genuine hospitality that your looking for, then look no further. The Travelodge Toronto Downtown West is a proud new addition to Toronto’s hospitality industry. The Travelodge is nestled in the heart of Toronto’s fashion district on 621 King Street West only steps away from many major Toronto landmarks like the Rogers Centre, Metro Toronto convention Centre, Roy Thomson hall, Princess of Whales theatre, Royal Alexandra theatre, the famous CN tower and great restaurants. Also in close proximity to the hotel are major attractions which include the harbourfront, Ontario Place, Canadian National Exhibition (CNE), National Trade Centre, Air Canada Centre, Royal Ontario Museum, Hockey Hall of Fame, Etaon Centre and the Queen Street shopping area. Being in the heart of the entertainment and commercial district it’s the perfect place to mix business and pleasure.

The Travelodge Toronto Downtown West boasts of 88 beautifully appointed rooms in a newly renovated three story structure. Each room makes you feel right at home with their refreshing autumn colors and mahogany colored furnishings. There are numerous room types on offer from those which feature a single or double queen bed to those with a single king size bed. All rooms have a private bathroom with hair dryers and grab bars. Also each room is equipped with electronic door locks, smoke detectors, AM/FM clock radio, remote controlled cable TV and large working desk apart from amenities which range from coffee makers to irons and ironing boards. Most of the rooms have a large balcony overlooking the cityscape while all rooms have individually controlled air conditioning and heating.

The Travelodge has many freebies on offer which include a large continental breakfast, coffee, free parking, weekday lobby newspaper and free local calls. Also the hotel waves off the access charges on long distance phone calls. The décor of the dining area is beautiful and inviting making it the perfect place to enjoy a scrumptious business lunch or romantic dinner. If that’s not enough there are myriad award winning restaurants just a walk away from the Travelodge. The lodge also features two executive meeting rooms which are available for hosting meetings and conferences. The lobby of the hotel is colored with earth-tones and dark wood furnishings and offers round the clock service.

The Travelodge – Toronto Downtown West hotel is truly a remarkable blend of comfort and convenience owing to its central location and impeccable service. So the next time you’re in the ‘city of neighborhoods’ (Toronto) make reservations at Toronto Downtown West and be sure to feel right at home till the time you check out.

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Cheap London Hotel Deals With Travelodge

Guests and tourists visiting London often complain about the high prices of the UK capital’s shops, restaurants and hotels.

Booking a room in a suitable location often eats into the budget you were intending to set aside for shopping, going out or otherwise enjoying yourself. However, not everybody knows that you can make significant savings by choosing cheaper London hotels that still retain decent, consistent quality. One such option is Travelodge – a fast-growing chain that has hotels dotted all over the city.

Let’s make one thing clear. Travelodge is probably not the best option if you would like to indulge in luxury. If you like tasteful furniture and can’t live without a hotel spa then look elsewhere. But if these are not essential and you just want a place to rest your weary head, Travelodge could turn out to be your best bet. Staying at Travelodge can help you avoid spending a small fortune on the nights of your stay, allowing you to reinvest your precious budget in the days instead.

With more and more visitors coming to London on short breaks, spending huge sums on the hotel alone does not make much sense. Since you may spend the whole day discovering London, there is often no time left to enjoy the luxury of a five-star hotel you may have paid through the nose for.

At the same time staying in a “basic” hotel can be a great means of motivation to get you moving in the morning and spend full-on days enjoying London – instead of staying in your king-size bed and personal jacuzzi, which could after all be enjoyed anywhere in the world.

There are 28 Travelodge hotels in London and more than 4,000 rooms with many new ones currently under development. The locations vary greatly but all the hotels are well-linked to London’s transport network (tube, buses, etc.).

In fact, there are even several Travelodges in places like Marylebone and Tower Bridge – these are certainly not low-cost locations and many other central London hotels will gladly charge you a small fortune just for the area.

But staying at a Travelodge instead could save you big bucks on the room rate, without needing to compromise at all on the location. You’ll get a particularly good deal if you book during one of Travelodge’s periodic “sales” when they release a large quantity of rooms at silly prices (sometimes below £20/night and often less than £50 which is still excellent value).

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The Fed moves up its timeline for rate hikes as inflation rises

The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates.

However, the central bank gave no indication as to when it will begin cutting back on its aggressive bond-buying program, though Fed Chairman Jerome Powell acknowledged that officials discussed the issue at the meeting.

“You can think of this meeting that we had as the ‘talking about talking about’ meeting,” Powell said in a phrase that recalled a statement he made a year ago that the Fed wasn’t “thinking about thinking about raising rates.”

As expected, the policymaking Federal Open Market Committee unanimously left its benchmark short-term borrowing rate anchored near zero. But officials indicated that rate hikes could come as soon as 2023, after saying in March that it saw no increases until at least 2024. The so-called dot plot of individual member expectations pointed to two hikes in 2023.

Though the Fed raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are “transitory.” The raised expectations come amid the biggest rise in consumer prices in about 13 years.

“This is not what the market expected,” said James McCann, deputy chief economist at Aberdeen Standard Investments. “The Fed is now signaling that rates will need to rise sooner and faster, with their forecast suggesting two hikes in 2023. This change in stance jars a little with the Fed’s recent claims that the recent spike in inflation is temporary.”

Markets reacted to the Fed news, with stocks falling and government bond yields higher as investors anticipated tighter Fed policy ahead, including the likelihood that the bond purchases will slow as soon as this year.

“If you’re going to get two rate hikes in 2023, you have to start tapering fairly soon to reach that goal,” said Kathy Jones, head of fixed income at Charles Schwab. “It takes maybe 10 months to a year to taper at a moderate pace. Then you’re looking at we need to start tapering maybe later this year, and if the economy continues to run a little bit hot, rate hikes sooner rather than later.”

Even with the raised forecast for this year, the committee still sees inflation trending to its 2% goal over the long run.

“Our expectation is these high inflation readings now will abate,” Powell said at his post-meeting news conference.

Powell also cautioned about reading too much into the dot-plot, saying it is “not a great forecaster of future rate moves. “Lift-off is well into the future,” he said.

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