Premier Inn ramps up Irish expansion with sixth hotel deal
Whitbread has acquired its sixth hotel in Ireland and appointed a new development manager in the country to help drive further expansion.
Matt Gent takes up the role this month after five years as a project and programme manager at the Premier Inn parent company. Previously he was a cost consultant at JLL and Gardiner + Theobold.
The news comes as Whitbread surpasses 1,000 hotel rooms in Ireland with its latest acquisition on Newmarket Square, Dublin 8.
Whitbread has acquired its sixth hotel in Ireland and appointed a new development manager in the country to help drive further expansion.
Matt Gent takes up the role this month after five years as a project and programme manager at the Premier Inn parent company. Previously he was a cost consultant at JLL and Gardiner + Theobold.
The news comes as Whitbread surpasses 1,000 hotel rooms in Ireland with its latest acquisition on Newmarket Square, Dublin 8.
The new 151-bedroom Premier Inn hotel will be its sixth site in Ireland as Whitbread continues to look for more sites across Dublin and in other major cities.
Kevin Murray, head of acquisitions for Premier Inn in Ireland, said: “Securing the Newmarket site and reaching over 1,000 bedrooms in the pipeline is a significant landmark for us as we aim to be the number one budget hotel chain in Ireland.
“The site is within an exciting regeneration area and we are confident it will trade strongly being right across the street from the Teeling Whiskey Distillery and within walking distance of the Guinness Storehouse, St Patrick’s Cathedral and Christchurch.”
Premier Inn has a requirement for 2,500 rooms in Dublin city centre, with the potential for significant growth nationwide in locations including Cork, Galway, Limerick and Killarney.
The business is seeking sites as freeholds, leaseholds and conversions as well as going-concern asset purchases.
To send feedback, e-mail anna.ward@egi.co.uk or tweet @annaroxelana or @estatesgazette
