Budget hotel chain Travelodge appointed former InterContinental Hotels Group executive Peter Gowers as its chief executive officer,

effective Nov. 25, the company announced on Wednesday. Gowers for the past few years has served as CEO of U.K. self-storage operator Safestore Holdings, but he previously led IHG's Asia/Pacific division and held several other leadership positions within IHG and its earlier incarnation, Six Continents. Travelodge operates more than 500 hotels across the United Kingdom, Ireland and Spain.