Whitbread, the owner of the Premier Inn and hub by Premier hotel brands, has exchanged contracts to secure two trading Travelodge hotels for Premier Inn.
The agreements with separate private landlords will see the Travelodge Bury St Edmunds hotel and Travelodge London Uxbridge hotel convert into Premier Inns.
The conversions will meet Premier Inn’s identified demand for additional bedrooms in the popular locations.
Mark Anderson, Managing Director for Property and International at Whitbread, said, “Securing new Premier Inn hotels in Bury St Edmunds and Uxbridge is a strategic investment by Whitbread in popular markets for business and leisure travel.
'It’s part of our ongoing strategy of growing market share, through Whitbread’s strong balance sheet and financial flexibility and resilience, in locations where we are underrepresented and where we see opportunities to create long-term value for our shareholders and guests.”
The Travelodge Bury St Edmunds hotel opened in 2018. It is located to the north of the town centre, close to transport connections and major local employers such as British Sugar. Premier Inn’s existing hotel is located to the south, within Bury St Edmunds town centre.
The Travelodge Uxbridge hotel is located on Bakers Road adjacent to Uxbridge underground station. Premier Inn has been actively pursuing a site in Uxbridge town centre to complement its existing 80-bedroom Premier Inn hotel on Riverside Way, west of the town centre, which opened in February 2016.
The timescale for converting the hotels into Premier Inns has not yet been confirmed.