Premier Inn to increase London presence by 50%

Premier Inn is to increase its hotel room count in London by more than 50% by 2016, with a lease value of £500m.

Premier Inn to increase London presence by 50%
Premier Inn to increase London presence by 50%

As part of that plan, Premier Inn will be opening 20 hotels, with 3,245 rooms, over the next 24 months in locations including Leicester Square, Blackfriars, Old Street, Holborn and Islington, creating 1,000 jobs. The majority of hotels will be leasehold with an equivalent capitalised lease value of £500m.

The company’s newest hotel, the 267-bedroom Premier Inn London Stratford, was officially opened earlier this week.

Whitbread Hotels and Restaurants managing director Patrick Dempsey said: "Our exciting growth in London means that we can offer even more people a great night’s sleep in the best locations when visiting the capital. Premier Inn London Stratford is an outstanding 267 bedroom hotel in one of the best locations in London.

"We are right in the middle of Europe’s biggest shopping centre, adjacent the Olympic Stadium and six minutes by high speed train from St Pancras. Our customers want great locations and great value from Premier Inn. This new hotel delivers both." 

Within the M25, Premier Inn has 51 hotels and 6,127 bedrooms.
 

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