Premier Inn has teamed up with Surinder Arora to open four hotels totalling 1570 rooms near London airports.
Two of them are at Heathrow – with a 400 bedroom one at T5, and a 240 bed one at T4. The others are at Gatwick and Standsted. The first of them should be open in 2011.
The agreements are conditional upon obtaining planning permission and other consents. The four new airport sites will be built out as developer turn-key deals and represent an investment in excess of £125m. The hotels will open on a phased basis from the autumn of 2011 onwards and are situated in:
Mark Anderson, commercial and property director at Whitbread, said: “As air travel returns to long-term growth, we see opportunities to build our presence at airports. The success of the budget airlines has shown that there is an increasing demand for low-cost travel and that includes accommodation.”
Surinder Arora, Chairman of Arora International (pictured), said: “We are delighted to have reached this landmark agreement with Premier Inn which very much complements our existing Arora Hotels portfolio”.
Surinder Arora is among the keynote speakers at the Place West London Conference on October 13 – see the full programme.