Whitbread says hotel occupancy has declined since local lockdowns hit regions of the UK this month. Premier Inn announced today that it has completed deals to secure four new sites as it continues to build its portfolio in Germany. Mit unserem Markenkonzept bieten wir unseren Gästen Premium-Qualität zu Economy-Preisen. ... depend on international expansion, particularly in China (for Costa) and Germany (for Premier). Show more Show less Frankfurt If you’re visiting Frankfurt, the historic Römerberg in the Altstadt is a must-see, before enjoying the live events at the Messe Frankfurt and Festhalle. Ten thousand rooms in the UK will be added this year and next, as it seeks to hit its target of 75,000 UK rooms by 2018. Whitbread, the owner of Premier Inn hotels, is pushing ahead with rapid expansion plans despite reporting one of its worst financial performances on record due to the coronavirus crisis. Ian Biglands, Development Director at Premier Inn Germany, said: “We now have 10 sites open or secured in Germany which reflects the quality of our property product and what our hotels can offer. Dafür haben wir unser Produkt exakt auf die Ansprüche deutscher Hotelgäste abgestimmt. Poor performances from hotels amid fresh restrictions around the country pulled down inflation in September. The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. Staycity Premier Inn Paddington Whitbread has announced the completion of the Foremost acquisition in Germany comprising 19 hotels, taking its total German open and committed network to 52 hotels. However, confidence can be taken from the long-term structural growth opportunity. Analysts at Peel Hunt said: "Whitbread is a company which invests its own capital in growth and, as such, is in charge of its own destiny at a time of structural change in the industry.". However, trade had slowed in recent weeks after the Government implemented regional lockdowns and told Britons to work from home if possible. Outside of the UK, Premier Inn's expansion plans are focused on Germany. Germany is another target for Premier Inn's expansion. Today, there are more than 800 Premier Inn hotels across the UK, while the business also has a few properties in Germany and the Middle East. Klicken Sie hier und erfahren Sie mehr über unsere geplanten Neueröffnungen in Deutschland. It operates hotels in a variety of locations including city centres, suburbs and airports competing with the likes of Travelodge and Ibis hotels.. architects as well as Adina, Hampton by Hilton, Premier Inn and Block House, Mayor Thomas Geisel gave the signal to begin construction.The projects are slated to be completed by the end of 2021. It’s official: As of now, Premier Inn will operate 13 additional hotels around Germany. Shares fell 0.4pc to £22.35 in afternoon trading. Whitbread said it could meet its funding needs and temporary covenants for the next 12 months after tapping investors for £1bn in June to shore up its balance sheet. Premier Inn has announced it will create 8,000 new jobs over the next five years due its rapid expansion plans, with the chain planning to open a new hotel every ten days. Premier Inn is the owner of one of the largest property portfolios in the UK. Quality restaurants on-site or nearby every Premier Inn hotel. Dafür wählen sie uns in Verbraucherumfragen immer wieder auf die vordersten Plätze. Premier Inn owner Whitbread is pressing ahead with plans to become Germany's top budget hotel operator despite plunging £725m into the red. If you fancy getting a taste of the city’s history, then Dresden Castle and the famous Frauenkirche are only a 10-minute walk away. The German move comes amid the increasing expansion of Premier Inn in the UK. From the picturesque Old Town to the scenic river Elbe, you’ll have all of Dresden’s top attractions right on your doorstep when you stay at our Premier Inn Dresden City (Zentrum) hotel. Diese Erfolgsgeschichte wollen wir nun fortschreiben und unsere Kompetenz als Gastgeber mit den Chancen des deutschen Hotelmarktes verbinden. By Reuters Staff. Expanding the Premier Inn portfolio This change is most pronounced in the budget sector. Mit unserem Markenkonzept bieten wir unseren Gästen Premium-Qualität zu Economy-Preisen. The owner of budget UK-hotel chain Premier Inn, Whitbread Group, has reported a £725 mln (€800 mln) loss in the wake of the coronavirus crisis in its six month results, but unveiled plans to expand in Germany. When we buy land now, we are thinking of the future and looking to buy strategically. The corresponding number of beds has now almost reached the five-digit range. Please review our, You need to be a subscriber to join the conversation. Whitbread is committed to being a force for good in the communities in which it operates. Premier Inn already has a foothold in Germany with a 210-bed hotel in Frankfurt, which has consistently been ranked number one in the city by guests on Trip Advisor ® since opening back in 2016. Last year (2014-2015), over 80% of Premier Inn hotels achieved a TripAdvisor Certificate of Excellence. Meanwhile, its share of the UK hotel market grew 3.5 percentage points to about 10.5pc as the crisis caused “constraint and distress” among its rivals. The three hotels, located in Nuremburg, Munich and Stuttgart, together comprise 482 rooms, the company, which already runs three hotels in Germany under the Premier Inn brand, said on Monday. Premier Inn owner Whitbread is pressing ahead with plans to become Germany's top budget hotel operator despite plunging £725m into the red.. Group has just introduced low-cost brand Zip as part of plans for hotel business expansion "We enter this second-wave period in a position of strength, with ... our market share growing in the UK and extending a meaningful network of hotels in Germany, giving us the opportunity to achieve national brand awareness and operate at scale,” she added. We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. “Premier Inn needs a growth outlet, and at the moment the most likely option is Germany,” Clarke said by phone. We see Germany as a land of opportunity and our … COVID-19 winter update We know these are uncertain times and that plans might have to change due to the most recent government restrictions. In spring 2016 we opened our first German hotel in Frankfurt, followed by Hamburg in early 2019 and Munich in summer 2019. Premier Inn owner Whitbread has taken a step toward becoming one of the largest branded chains in Germany after a roughly £250m deal that will see it running 31 hotels in the country by 2020. On the hotels' side, Khalaf reckons the future opportunity for Premier Inn lies in Germany. Kett agreed Premier Inn’s international push would initially be in Germany but that worldwide expansion is not off the books. Premier Inn is Whitbread's biggest brand, with more than 785 hotels and 72,000 rooms. Together with representatives from the GBI AG, the greeen! Germany is an important growth market for Premier Inn; Premier Inn has two hotels open and trading – in Frankfurt and Hamburg – with two others to open in Munich later in 2019; By the end of 2020, there will be at least 20 Premier Inn hotels in Germany, with 35 in the secured pipeline For further expansion in Germany Premier Inn the management of its hotels is divided into four clusters and a manager assigned to each area. The 210 room property alongside the Frankfurt Messe exhibition centre welcomed its first guests before the end of February, with an official opening planned during April. The FTSE 100 company posted the pre-tax loss for the six months to August 27, which is a marked swing from the £220m profit for the same period last year. The group, which also owns chains including Beefeater and Brewers Fayre, said the redundancies were far fewer than the 6,000 initially feared thanks to more workers than expected agreeing to reduce their hours. "Premier Inn will continue to take advantage of the considerable structural growth opportunities in the UK and accelerate its network expansion in Germany. CEO Alison Brittain said that the group would continue to look for opportunities to “further accelerate the growth of our business”. Premier Inn debuts in Germany Whitbread has announced a soft opening of its first Premier Inn hotel in Germany. Revenues fell by 77pc to £251m. Premier Inn owner Whitbread is pressing ahead with plans to become Germany's top budget hotel operator despite plunging £725m into the red. Premier Inn’s performance in Germany, where it plans to open 20 hotels in … Dafür wählen sie uns in Verbraucherumfragen immer wieder auf die vordersten Plätze. The new 182-bed city centre site puts Premier Inn - which will operate around 20 hotels in the country by the end of 2020 - a step closer to becoming one of Germany’s biggest branded hotel chains. Ob Immobilienentwickler oder Grundstückseigentümer: Wir freuen uns auf Gespräche mit starken Partnern für weitere Top-Standorte in deutschen Städten! “We don’t know yet whether the Premier Inn … Premier Inn will open its second German property next month, located in Hamburg close to the city’s old town. Premier Inn continues its expansion in the German market by securing four additional locations, bringing the total number to 52. Premier Inn is a British hotel chain and the UK's largest hotel brand, with more than 72,000 rooms and 800 hotels. The company follows Holiday Inn owner Intercontinental Hotels Group in forging ahead with new hotels despite short-term demand being hit by the second wave of coronavirus sweeping the continent. Whitbread PLC posted an interim loss but said it is continuing to focus on its expansion in Germany, having signed deals for a further 15 hotels.. Premier Inn is a British hotel chain and the UK's largest hotel brand, with more than 72,000 rooms and 800 hotels. Ten thousand rooms in the UK will be added this year and next, as it seeks to hit its target of 75,000 UK rooms by 2018. Klicken Sie hier und erfahren Sie mehr über unsere geplanten Neueröffnungen in Deutschland. Unser Ziel ist schnelles Wachstum in ganz Deutschland. Meanwhile, in Germany Premier Inn needs to build significant scale and brand recognition if it is to replicate the competitive advantage it has in the UK. We rely on advertising to help fund our award-winning journalism. Next up is Leipzig, Stuttgart and Nuremburg with several other prime locations to follow. We also have more than 12,500 rooms in the pipeline, which means we are very much on track to meet our long-held commitment to have 85,000 rooms open by 2020. Premier Inn owner Whitbread has confirmed it axed around 1,500 jobs as it saw sales more than halve after coronavirus restrictions forced swathes of its estate to close. The grim figures come after last month revealing plans to axe up to 6,000 jobs in a move the group said was vital to protect its long-term future. It plans to almost double the number of … About Premier Inn. Outside of the UK, Premier Inn's expansion plans are focused on Germany where the business is seeking to be the number one budget hotel operator. Find out more, Tourism bosses hit out at grants for lapdancing clubs while their sector is snubbed, Boohoo buys Debenhams brand as Asos eyes Topshop, Thames project expands size by 70pc to bolster bid for freeport status, Fashion giants finally cotton on to plight of the Uighurs, Government implemented regional lockdowns and told Britons to work from home if possible. Premier Inn announced plans to enter the German market in 2014 and now has ten sites and 2,200 bedrooms open or secured for the development pipeline. Given the size of the Premier Inn estate, extending our existing hotels is another way in which we can boost profitability. Dank herausragender Gästebewertungen führt das 2016 eröffnete Premier Inn Frankfurt Messe bereits das TripAdvisor Zertifikat für Exzellenz 2017, 2018 & 2019 und den Travelers` Choice Award 2018 & 2019. That was despite a charge of almost £340m on goodwill and assets in Germany due to Covid. Analysts also highlighted the attractive fundamentals of the German market, which is ripe for expansion of Premier Inn’s low-cost hotel model. Whitbread, the owner of Premier Inn hotels, is pushing ahead with rapid expansion plans despite reporting one of its worst financial performances on record due to the coronavirus crisis. Much of her focus will be on the brand’s international expansion. The company was established by Whitbread as Travel Inn in 1987, to compete with Travelodge. The ground-breaking ceremony for three new international hotels right next to Düsseldorf’s main station has taken place. Outside of the UK, Premier Inn's expansion plans are focused on Germany where the business is seeking to be the number one budget hotel operator. Despite the uncertain outlook, Whitbread said it was continuing to focus on its expansion in Germany and has signed a £40m deal for a further 15 hotels, tripling the size of its estate. The German move comes amid the increasing expansion of Premier Inn in the UK. Unser Acquisitions Team Premier Inn Deutschland freut sich auf Ihre Angebote. Premier Inn has more than 800 hotels across the UK, Ireland and Germany. Maroto blamed the project loss on a desire by Premier Inn’s parent company Whitbread to focus its resources on the hotel brand’s geographical expansion, particularly in Germany. Premier Inn-owner Whitbread on ... Whitbread also gave an update on its German expansion plans, noting that its pipeline in the country now included almost 50 hotels. Jede erfolgreiche Partnerschaft beginnt mit einem Dialog auf Augenhöhe. Whitbread said demand for hotel rooms in the UK rose gradually in August and September, with occupancy levels at 51pc and 58pc respectively. Whitbread buys 19 German hotels to copy Premier Inn success 1 Min Read FILE PHOTO: Signage for Premier Inn is seen on the outside of one of their hotels in London, Britain, March 30, 2016. Outside of the UK, Premier Inn's expansion plans are focused on Germany where the business is seeking to be the number one budget hotel operator. And no matter where you choose to explore, our Premier Inn hotels in Germany are a great place to start your stay. Whitbread to focus on expanding Premier Inn after selling Costa to Coca-Cola. Much of her focus will be on the brand’s international expansion. It operates hotels in a variety of locations including city centres, suburbs and airports competing with the likes of Travelodge and Ibis hotels.. Brittain said: "The completion of the Foremost acquisition marks an important milestone as we execute our ambitious growth plan for the Premier Inn brand in Germany. Whitbread Plc, Britain's biggest hotel and coffee shop operator, said on Wednesday it had bought 19 hotels in Germany to expand its business beyond its base of Premier Inns in Britain. Premier Inn: die bestbewertete* Hotelmarke in Großbritannien jetzt auch in Deutschland. Sie möchten mit uns zusammenarbeiten? “September and October are traditionally a period when business bookings pick up, however the latest government restrictions have negated any increase in demand,” analysts at Liberum said. The acquired hotels are all in proven prime locations, are of high quality and will appeal to both business and leisure customers. Premier Inn owner Whitbread has taken a step toward becoming one of the largest branded chains in Germany after a roughly £250m deal that will see it running 31 hotels in the country by 2020. The three hotels, located in Nuremburg, Munich and Stuttgart, together comprise 482 rooms, the company, which already runs three hotels in Germany under the Premier Inn … Chief executive Alison Brittain said the deal was evidence of “meaningful progress” in Whitbread’s drive to become top budget hotel operator in the German market. Whitbread said its expansion of the hotel chain in Germany was "firmly on target". Premier Inn says 'Guten Tag' to Hamburg Whitbread-owned Premier Inn today (Thursday, February 28) says 'Guten Tag' to Hamburg as it opens the doors to its second hotel in Germany. “Premier Inn needs a growth outlet, and at the moment the most likely option is Germany,” Clarke said by phone. The acquisition team under Chris-Norman Sauer continues to search for plots of land, existing hotels or conversion properties in inner-city locations in Germany’s relevant cities. Auf unsere ersten Hotels in Deutschland sind wir stolz. In order to lessen its reliance on the UK, the company has invested in Premier Inn openings in Germany, where it has a pipeline of almost 50 hotels. The corresponding number of beds has now almost reached the five-digit range. Premier Inn owner Whitbread plans to keep investing in its hotel portfolio despite the Brexit-related economic ... Whitbread will likely use some of the cash to accelerate its expansion in Germany. As it stands today, we have approximately 780 hotels that are up and running, comprising around 74,000 rooms. When the portfolio is expanded, new hotels should be abl… Outside of the UK, Premier Inn's expansion plans are focused on Germany. Branded budget hotels are gaining significant market share from those operated by independents. Premier Inn to expand in Germany Premier Inn continues its expansion in the German market by securing four additional locations, bringing the total number to 52. Mark Anderson, managing director property and Premier Inn International at Whitbread, said: "These four new deals give our growth plans in Germany real momentum and we're well on track to hit our target of six to eight hotels open by 2020. The German hotel market is about 35 per cent larger than the UK, but is similar to the UK market 10 years ago as it undergoes a structural shift from independent to branded hotels. Premier Inn is also open in Germany, Abu Dhabi, Dubai, India, Indonesia and Thailand. In February, Whitbread bought 19 hotels in Germany as it looks to replicate the success it has had with Premier Inn in the UK. Premier Inn’s acquisition of 13 new hotels add 2,142 rooms to the group’s German portfolio. Premier Inn opened its first hotel in Frankfurt in 2016 and has more than 6,000 Premier Inn bedrooms in its secured pipeline in Germany. Premier Inn already has a foothold in Germany with a 210-bed hotel in Frankfurt, which has consistently been ranked number one in the city by guests on Trip Advisor® since opening back in 2016. * Auf die Bewertung als beste Hotelmarke Großbritanniens im Jahresbericht 2015, 2016, 2017 und 2018 der Verbraucherorganisation „Which?“ sind wir stolz: Unsere Hotels überzeugen besonders in den Kategorien Preis-Leistungs-Verhältnis, Kundenzufriedenheit, Sauberkeit und Schlafkomfort. Premier Inn owner Whitbread buys three hotels in German expansion. … Jetzt suchen wir zentral gelegene Gebäude und Grundstücke in den Top-Lagen deutscher Städte, bevorzugt zum Kauf (Freehold). We find out how the group grew so quickly and what’s next for them. Premier Inn owner Whitbread has posted a near-40% plunge in annual profits and warned of a slowdown in holidaymaker demand for hotel rooms amid Brexit uncertainty. Despite selective sale-and-leasebacks and continuous portfolio optimisation, Premier Inn will remain largely a freehold business (it estimates a market value of around GBP5 billion), which gives Whitbread some flexibility both in its cost base and its ability to sell assets, reduce debt and fund expansion. Whitbread has a German Premier Inn pipeline of 13 assets, which together with its February 2018 addition of 19 hotels from Foremost Hospitality Group GmbH will result in a total German room count of approximately 6,000. Whitbread is rolling out its Premier Inn chain in Germany, where it has one hotel in Frankfurt, with more hotels to open in Munich and Hamburg in the … For example, Cristina has established standard, transparent HR processes for all hotels. Book great value rooms quickly and easily. Expansion in Deutschland Premier Inn: die bestbewertete* Hotelmarke in Großbritannien jetzt auch in Deutschland. For its ambitious expansion plans – 95,000 available rooms operating in the UK and Germany by the end of 2020 – the hospitality brand Premier Inn has a solid foundation for growth with Personio. The company is announcing new hotels in Düsseldorf, Hamburg (two sites) and Stuttgart taking the total number of open and committed hotels in Germany to ten. The company was established by Whitbread as Travel Inn in 1987, to compete with Travelodge. Dann unterstützen Sie uns als starker Partner an unserer Seite! 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