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Premier Inn is the UK’s biggest hotel brand, offering quality accommodation at affordable prices with over 800 hotels in great locations.
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Our corporate governance framework is integral to delivering our strategic priorities and creating long-term value for all stakeholders, from investors to employees.
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We have three strategic priorities to support the ongoing success and growth of the business; to grow and innovate in our core UK businesses; to focus on our strengths to grow in Germany; and to build the capability and infrastructure to support long-term growth.
31 May 2024 Property
UK’s largest hotel business seeks an additional 30% more rooms in Ireland as it responds to high demand and an undersupply of branded hotel rooms
Whitbread PLC, the UK’s largest hospitality company and owner of Premier Inn, has confirmed fresh confidence in the Irish hospitality market by uplifting its bedroom target for the country.
The company has revised its medium-term growth target to 5,000 bedrooms in Ireland – a 30% increase on its current network target of 3,500 bedrooms – and has released an updated list of target locations where it wishes to operate a hotel across the country.
These include additional sites across Dublin City Centre, five new locations in Outer Dublin as well as eleven towns and cities across Ireland.
Whitbread’s confidence for Premier Inn in Ireland is underpinned by an analysis of the performance of its trading hotels in the country and an assessment of future hotel demand in the country.
The uplifted requirement forms part of Whitbread’s established medium-term growth plan of 125,000 Premier Inn rooms across the UK and Ireland.
Matt Gent, Development Manager for Whitbread in Ireland, said:
“Our confidence for Premier Inn in Ireland is driven by the positive performance of our trading hotels in Dublin and Cork as well as our belief in the growing demand for high-quality budget hotel rooms in Ireland.
“We believe there are many further opportunities for Premier Inn in inner and outer Dublin and are confident the brand will perform well in towns and cities across Ireland with strong local business economies and drivers of year-round tourist demand. It continues to be an exciting time for us in the country.”
Whitbread launched Premier Inn in Ireland following the acquisition of a prime development site in Dublin City Centre in 2018. It now currently operates a network of six Premier Inn hotels in Dublin and Cork and employs more than 200 people across the country.
Through its new network plan for Ireland, the company is seeking new hotel locations for Premier Inn in Dublin City Centre at Heuston and Connolly stations, South Docklands and Dublin 2. In addition, Whitbread is seeking new locations in Outer Dublin to build on success of the sites at Dublin Airport and Sandyford.
Outside of the capital, Whitbread is targeting locations which have strong leisure and business economies and are likely to experience a growth in visitor numbers. These include tourist hotspots such as Killarney, Kilkenny, Kinsale, Sligo, Westport and Tralee alongside the larger towns and cities of Cork, Galway, Limerick, Waterford, and Wexford.
Whitbread is predicting total consumer demand for hotel accommodation in Ireland will surpass 20-million-bedroom nights towards the end of the decade, driven by the country’s strong economy, low unemployment rate and a predicted rise in international visitors.
Premier Inn and Restaurants journalist enquiries:
Roz Golds
Head of External Communications
roz.golds@whitbread.com
Tulchan Communications
For all other enquiries, please visit our contact page here
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