Premier Inn Owner Looks to Put Pressure on Independent Hotels
Photo Credit: A Premier Inn employee. Parent company Whitbread recently sold Costa Coffee. Whitbread
Skift Take
In an economic downturn there are winners as well as losers. Whitbread will be hoping Premier Inn comes out on top when Brexit starts to bite.
Premier Inn owner Whitbread plans to keep investing in its hotel portfolio despite the Brexit-related economic challenges in its core market.
The company, which operates almost 800 hotels mainly in the UK, warned of weakness in its UK hotel portfolio outside of London as consumer and business confidence declined during the third quarter.
But even in a more challenging market, the company’s management team wants to put the squeeze on independent hotels.
