Profit record in UK, progress in Germany
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Premier Inn turns F&B crisis into a new strategy
Redundancies will be unavoidable: Premier Inn UK will convert 112 branded restaurants into rooms over the next two years and gradually sell 126 other loss-making restaurants. The F&B crisis has also hit the hotel giant.
UK robust, Germany positive
Premier Inn Q3 FY24: Our teams have delivered another strong set of results, comments Whitbread CEO Dominic Paul the results of Q3 2023 für Premier Inn. UK hotels saw a robust demand driving high levels of occupancy and strong pricing. Germany performed well in what is an important trading period with a large number of leisure and business events.