An article from August 2018 noted: "The business has come a long way since 2013 when Gowers took the helm. He was charged with leading a turn-around of the group which had suffered a crisis as interest on its towering debts became unsustainable. Just before he was hired, the firm went through a company voluntary arrangement where 49 sites closed. The current owners, GoldenTree Asset Management, Avenue Capital and Goldman Sachs, took control of the business via a debt-for-equity swap from Dubai International Capital. " 
Executive team 
- Brian Wallace, Chairman
- Peter Gowers, Chief Executive Officer
- Paul Harvey, Managing Director, International & Development
- Jo Boydell, Chief Financial Officer
Related Sourcewatch articles
- Travel Lodge Team, organizational web page, accessed March 22, 2019.