Premier Inn, the UK’s largest hotel chain, has added more than 370 bedrooms to its expanding estate across the South East with new locations in Hampshire, Berkshire and Surrey, creating over 225 new jobs in the region. Premier Inn has a target of increasing the 52,000 bedrooms it has across the country to 65,000 by 2016.
The five leasehold sites are:
- Farnborough: an 80-bedroom hotel and 200 cover Beefeater Grill restaurant on the corner of Victoria Road and Figrove Parade in the town centre.
- Farnham: a 60-bedroom hotel and 200 cover Beefeater Grill restaurant on Guildford Road.
- Fleet: a 70-bedroom hotel at Waterside Business Park.
- Portsmouth: an 84-bedroom hotel on Dugal Drummond Street.
- Wokingham: an 80-bedroom hotel on the corner of Wellington Road and Denmark Street.
John Bates, Head of Acquisitions UK and Ireland for Whitbread Hotels and Restaurants, said:
“Premier Inn is one of the UK’s fastest growing and most successful businesses and our customers are demanding more bedrooms in more great locations. We opened more than 4,200 bedrooms across 28 hotels in our last financial year – a record rate of expansion for the second year running. We now have 52,000 bedrooms across the UK and Ireland and are on target to reach our goal of 65,000 bedrooms by 2016.
“We’re investing in projects right across the South East and these latest deals add to further hotels we are developing at Gosport and Winchester. Some of these locations are difficult areas to get in to and, in such a market, certainty and adaptability are vital. Our Whitbread-backed covenant and flexible formats give our developer and investor partners the confidence they need that we are the right partner for them.”
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