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Premier Inn owner swoops for German hotel assets

Mar 01, 2018 - The Daily Telegraph (London)

PREMIER Inn owner Whitbread has moved to book its place as one of the largest hotel chains in Germany after sealing a deal that will see it running 31 sites there by 2020.

Alison Brittain, chief executive, said the purchase of 19 hotels (3,110 rooms) was one of the largest deals possible in the country because of the fragmented nature of the German market, which is dominated by smaller independent operators.

The financial details were not disclosed but analysts at Barclays estimated ...