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Five new hotels for Premier Inn
Premier Inn, Whitbread's budget hotel arm, is to add five new hotels to its portfolio.
The new sites will include a 75-bedroom hotel and Beefeater restaurant in Newmarket; a 122-bedroom hotel at Worcestershire County Cricket Club; a 121-bedroom hotel at Rochester, Kent's, Medway Leisure Park in a deal with PRUPIM; a 155-bedroom hotel in Southampton and a 62-bedroom hotel and Table Table restaurant to be built under a contract with the Newton Abbot Jockey Club. The company expects to the first of the sites, worth a cumulative £27m, to open in 2010-11, with the final one complete by 2014.
John Bates, head of acquisitions for UK & Ireland for Whitbread Hotels and Restaurants, said: "Securing these top locations is a fantastic result for Premier Inn and a welcome addition to our expanding portfolio."
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