Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – as it happened
Guardian AU Business
•Thu, 20 Aug 2026 14:29:52 GMT
📰 What Happened
The chief executive of Travelodge resigned amid criticism of how the hotel chain handled a series of assaults. Separately, oil prices rose above 93 dollars a barrel over an Iran standoff.
🔍 The Backstory
Travelodge has faced scrutiny over safety and its response to incidents. The news came in a broad business live blog covering many stories across the day.
🎯 Why It Matters
The exit shows the pressure on hotel chains over safety concerns. It also reflects wider market movement as oil prices climbed.
The chief executive of Travelodge resigned amid criticism of how the hotel chain handled a series of assaults. Separately, oil prices rose above 93 dollars a barrel over an Iran standoff.
Travelodge has faced scrutiny over safety and its response to incidents. The news came in a broad business live blog covering many stories across the day.
The exit shows the pressure on hotel chains over safety concerns. It also reflects wider market movement as oil prices climbed.