Friday, June 23, 2023

Premier Inn room rates soar as budget hotel era ‘evaporates’

Whitbread says average London room prices have jumped 30% to £112 amid influx of people to capital * Business live – latest updates The cost of a room at Premier Inn’s hotels in London rose sharply over the last three months, with tourists visiting for the coronation of King Charles and strong demand for budget stays in the capital boosting the chain, its owner, Whitbread, has said. Britain’s biggest hotel chain, which runs nearly 900 hotels in the UK and Germany, said it had benefited from an influx of visitors to London for the royal event. Continue reading...