Management Appointment Premier Inn
Jill Anderson Named Property Acquisition Manager for Premier Inn
Whitbread strengthens its property acquisition team as it targets 125,000 UK and Ireland bedrooms
Whitbread strengthens its property acquisition team as it targets 125,000 UK and Ireland bedrooms
The 294-bedroom hub by Premier Inn is one of three new hotels being developed by Whitbread, the parent company to Premier Inn, in the Marylebone and Paddington catchment of Central London.
Located just off Trafalgar Square and subject to planning, 5 Strand will become the latest hub by Premier Inn hotel in the estate and is expected to open sometime during 2027.
Premier Inn owner Whitbread has said it will pay millions in wage rises and bonuses to try to combat what it calls persistent staff shortages.
Jones Lang LaSalles Capital Markets Alternative Investment team and Hotels & Hospitality Group has announced the completion of two hotel funding acquisitions of Premier Inn buildings in central London and the forward funding sale of a Premier Inn in Winchester.
The four new sites at Glasgow Pacific Quay, Perth, St Andrews and Stirling have been acquired as part of Premier Inns ongoing expansion across the UK to reach its target of 65,000 bedrooms by 2016 up from 52,000 today.
Travelodge Brand Records Greatest Growth. Best Western, Ibis and Mercure continue to make-up the top three, whilst Travelodge, Premier Inn and Etap Hotel see most growth.
Following a year of restructuring forced by the global economic crisis, chain hotel supply growth in Europe stabilises. Rankings remain rather similar, with Accor the outright leader in the market and Carlson showing greatest growth.
With a new hotel opening at a rate of more than one a week, branded budget hotels remain the most dynamic segment of the UK hotel industry, according to the latest report from HotStats and published by Hotel Analyst newsletter.
During the first decade of the 21st Century, the UK and Germany clearly become Europes leading markets for chain hotel development.