Budget hotel chain Premier Inn has completed deals to develop hotels in Weymouth, Dorset, and Weston-super-Mare, Somerset.
The sites, which will add almost 180 bedrooms to Premier Inn’s existing UK portfolio of more than 580 hotels and 42,000 rooms, will see a total investment of £14m.
Deals have been exchanged with the respective vendors, New Look and Maclaren Life, for a 60-bedroom hotel on Dorchester Way in Weymouth, which will include a Beefeater Grill restaurant, and a 116-bedroom hotel on Dolphin Square in Weston-super-Mare, which will include a Brewers Fayre restaurant. Both deals are subject to planning.
Richard Pearson, acquisition manager for Premier Inn, said: “Premier Inn is in growth mode and we have turned up the burners to ensure we can expand our portfolio in line with the strong customer demand for our hotels and restaurants. There are important opportunities for us in the west of England and we have gaps to fill in our overall UK network plan. These two sites help to fill those gaps and increase the accessibility of Premier Inns to our customers in attractive seaside and leisure destinations.”
King Sturge advised Premier Inn at Weston-super-Mare.
annabel.dixon@estatesgazette.com
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