Whitbread buys Premier Lodge for £536m
Whitbread is to buy the Premier Lodge chain of budget hotels from Spirit Group for £505m.
The acquisition includes 132 Premier Lodge hotels with a total of 9.133 bedrooms and a further nine sites that will add 929 bedrooms once completed.
The chain will be integrated with Whitbread's own budget chain, Travel Inn, under the banner of Premier Travel Inn.
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Premier Lodge: checking in to Whitbread |