Premier Inn has completed deals to secure four new sites as it continues to build its portfolio in Germany.
It is opening a 297-bedroom hotel at the central station in Düsseldorf, and two sites in Hamburg – a 255-bedroom hotel close to the Dom and a 280-bedroom hotel on Nordkanalstraße.
It is also opening a 275-bedroom hotel in Stuttgart as part of the Turm am Mailänder Platz development.
All four of the new sites will be new-build hotels and will be developed in conjunction with development partners.
Premier Inn announced plans to enter the Germany market in 2014 and now has ten sites and 2,200 bedrooms either open or secured for the development pipeline. The German portfolio is primarily freehold, with seven assets held under a freehold basis.
As in the UK, Premier Inn has the flexibility to do freehold or leasehold deals.
Premier Inn is considering new sites in Berlin, Cologne and Munich and has additional new hotel requirements in other cities across Germany.
In support of its growth plans, Premier Inn Germany has also recruited a new head of acquisitions, Chris-Norman Sauer, who joins from GBI AG where he was head of development.
Mark Anderson, managing director property of Premier Inn International, Whitbread, said: “We’re on track to hit our target of six to eight German hotels open by 2019 and are targeting another 10+ sites in premium locations.”
Ian Biglands, development director at Premier Inn Germany, said: “We now have 10 sites open or secured in Germany and are looking for more centrally-located plots and development opportunities in line with our expansion plans and are keen to hear from potential business partners.”
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