Premier Inn News
Premier Inn Acquires Property Adjacent to the Olympic Stadium
Premier Inn, owned by Whitbread PLC, the UK’s largest hotel and restaurant group, has announced its latest site acquisition for a new 267-bedroom budget hotel at Stratford, located adjacent to the Olympic Stadium, investing some GBP25m and creating approximately 90 jobs.
Harrison’s low-cost credentials land Whitbread top job
Andy Harrison is to head up Whitbread when he steps down from his role as easyJet chief executive role this summer, with the aim of continuing Premier Inn’s aggressive international expansion. The news comes as the group reported sales growth across all its three brands, including 8.5% growth for Premier Inn and 9.5% for Costa.
Premier Inn announces expansion in the Middle East
Premier Inn, the UK’s biggest hotel chain, has announced the expansion of its offering in the Middle East with the opening of its third hotel in the region.
Premier Inn rolls out plans for new green hotel
Whitbread, the UK’s leading hotel and restaurant group, has confirmed details of its plans for a second green hotel and its first low-carbon restaurant.
Premier Inn announces ten new hotels in India
Premier Inn has unveiled plans to open ten budget hotels in India over the next five years in response to the expansion of the business travel market in the region, and follows the opening of its first in Bangalore last week. It also plans a further nine hotels in India by 2014.
Premier Inn set to open new airport hotels
Premier Inn will be opening four new hotels at London’s main airports from Autumn 2011. The budget hotel chain will open two hotels at Heathrow and one at Gatwick and one at Stansted, creating a total of 1,570 new rooms. Premier Inn is spending more than £125 million on the developments.
Premier Inn adds second Dubai property
Premier Inn has opened its second hotel in Dubai at Dubai Silicon Oasis. Owned by Whitbread plc, Premier Inn operates in Dubai under a joint venture with Emirates Group and entered the market a year ago with the opening of its first hotel in Dubai Investment Park.
Premier Inn feels the pinch
Whitbread, owner of Premier Inn, has posted a 9% rise in pre-tax profits but warned the budget hotel chain is feeling the impact of the downturn. The group reported “good progress” in the year despite “increasingly difficult economic conditions”.
Premier Inn to launch UK’s first floating budget hotel
Budget hotel chain Premier Inn has unveiled plans for its innovative ‘Floatel’ (floating budget hotel) - a first for the British budget hotel industry.Britain’s largest budget hotel chain aims to build the ‘Floatel’ in Hartlepool Marina during 2009. It will be the first time a budget hotel has been purpose-built on water.
Premier Inn expands into Oman
The UK’s largest hotel brand, Premier Inn, is continuing its international expansion by signed a joint venture to roll out its mid-market chain across Oman.The agreement marks the beginning of a strategic partnership with the Sultan of Oman and Premier Inn Hotels, a joint venture between Premier Inn and The Emirates Group, under which Premier Inn plans to open three hotels in the country in 2010.
