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Whitbread to invest £200m in Strand Hub by Premier Inn

24 August 2022 by

Whitbread has acquired the freehold of 5 Strand in central London, just off Trafalgar Square, with plans to turn it into a Hub by Premier Inn hotel.

News

Britannia buys Glasgow Premier Inn for £8.5m

17 August 2022 by

Britannia Hotels has acquired the 278-bedroom Premier Inn Glasgow City Centre (Charing Cross) off a guide price of £8.5m.

Alison Brittain to step down as chief executive of Whitbread News

Alison Brittain to step down as chief executive of Whitbread

29 June 2022 by
Whitbread's costs to rise by up to £30m as it hikes staff pay News

Whitbread's costs to rise by up to £30m as it hikes staff pay

15 June 2022 by
Premier Inn to offset inflation through higher room rate News

Premier Inn to offset inflation through higher room rate

13 January 2022 by
Premier Inn owner looks to 2022 recovery as losses narrow News

Premier Inn owner looks to 2022 recovery as losses narrow

26 October 2021 by

Pandemic sees Premier Inn owner plunged into a loss News

Pandemic sees Premier Inn owner plunged into a loss

27 April 2021 by

The effects of the pandemic on Premier Inn owner Whitbread have become apparent in the group’s[...]

Whitbread announces net zero carbon by 2040 target News

Whitbread announces net zero carbon by 2040 target

22 April 2021 by

The UK’s largest hospitality company Whitbread has committed to reaching net zero carbon emissions by 2040.

Hotels report bookings surge following roadmap announcement News

Hotels report bookings surge following roadmap announcement

25 February 2021 by

Data suggests accommodation providers are in for a staycation boom when permitted to reopen this year,[...]

Premier Inn prepares for summer staycation boom with 545 new rooms in seaside locations News

Premier Inn prepares for summer staycation boom with 545 new rooms in seaside locations

25 February 2021 by

Premier Inn is preparing for this summer’s anticipated staycation boom with 545 rooms set to open[...]

News

Whitbread undergoes debt refinancing

Premier Inn owner Whitbread has announced the successful pricing of two green bonds, the extension of its revolving credit facility and its intention to repay private placement notes. "

04 February 2021 by
Whitbread to open Premier Inn, Hub and Bar + Block in Paddington News

Whitbread to open Premier Inn, Hub and Bar + Block in Paddington

03 February 2021
by

Whitbread has taken the lease to open a 366-bedroom hotel and restaurant as part of a major mixed-use development at 40 Eastbourne Terrace next to Paddington Station in London.

Whitbread reports market share gains despite challenging conditions News

Whitbread reports market share gains despite challenging conditions

14 January 2021
by

Premier Inn owner Whitbread has reported its total UK accommodation sales were down 55.2% with occupancy at 49.3% in its third quarter results.

Whitbread seeks 50% reduction in December quarter’s rent from landlords News

Whitbread seeks 50% reduction in December quarter’s rent from landlords

22 December 2020 by

Premier Inn owner Whitbread has written to around 200 of its landlords seeking a 50% reduction[...]

Whitbread snaps up two Travelodge hotels News

Whitbread snaps up two Travelodge hotels

16 November 2020 by

Premier Inn owner Whitbread has exchanged contracts to convert two Travelodge hotels into Premier Inns.

Whitbread says number of redundancies expected to be ‘significantly less’ than 6,000 News

Whitbread says number of redundancies expected to be ‘significantly less’ than 6,000

12 November 2020 by

Premier Inn owner Whitbread has said the number of redundancies across the business is expected to[...]

Premier Inn owner Whitbread drops to £724.7m loss News

Premier Inn owner Whitbread drops to £724.7m loss

27 October 2020 by

Premier Inn owner Whitbread has dropped from a £219.9m pre-tax profit in its 2020 financial year[...]

News

Premier Inn owner Whitbread to cut 6,000 jobs following sales decline

Premier Inn operator Whitbread will cut up to 6,000 jobs after reporting a year-on-year decrease in sales of more than 75% in the first half of the year, due to the closure of properties during the Covid-19 lockdown. "

22 September 2020 by
Premier Inn reports 'good demand' in regional tourist destinations News

Premier Inn reports 'good demand' in regional tourist destinations

07 July 2020
by

Premier Inn has said it is seeing “good demand” in regional tourist destinations as it plans to have its entire UK estate open by the end of July.

Whitbread successfully completes £1b rights issue News

Whitbread successfully completes £1b rights issue

10 June 2020
by

Premier Inn owner Whitbread announced earlier today that it has successfully completed a £1b rights issue to ensure it emerges from the Covid-19 pandemic "with a strong balance sheet and in the best position possible".

As a current holder of the Queen’s Award for Enterprise, Jacobs Media Group extends its condolences on the passing of Queen Elizabeth ll.

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