Premier Inn

Whitbread, owner of Premier Inn, has reported that the hotel brand’s UK accommodation sales were “significantly” ahead of both last year and pre-pandemic in a trading update for the third quarter of the year.

Premier Inn owner Whitbread has reported a pre-tax profit of £307.4m on revenues of £1.35b for the first half of its financial year, compared to a loss of £19.3m for the same period the previous year.

Premier Inn owner Whitbread has revealed that it plans to spend millions of pounds on pay rises and site refurbishments this year amid ongoing labour shortages in the hospitality sector.

Premier Inn owner Whitbread has said it expects to be able to offset inflation through growth and higher room rates in its third quarter trading update.