Introducing. Our brands, our proposition, our property

Transcription

1 Introducing Our brands, our proposition, our property

2 Two powerful hotel brands 2

3 Focused on our customers Passionate about quality, service, consistency and value Multi-award winning Brands that put the customer at the heart of everything we do Consistently strong feedback via Trip Advisor and customer surveys Good night sleep guarantee Investing and innovating constantly seeking to improve 3

4 A force for good Significant cap ex programme Investing in communities Driving regeneration and economic benefits through our growth Supporting local business and leisure economies Major job creation Developing skills and careers 4

5 strong history & clear vision

6 Fundamentally a strong business FTSE 100 company 275+ years of trading history UK s largest hotel brand Employs approximately 50,000 people in the UK Serving 27 million customers a year 6

7 Financials Financial strength, highly competitive FTSE 100-backed covenant Institutional leases typically years Index-linked rent reviews 7

8 Real estate 70,000+ bedrooms open and trading (UK & Ireland) Approx 780 hotels (UK & Ireland) A target of 85,000 bedrooms by 2020 Opened 3,200 rooms to date in 2017/18 Maintaining occupancy over 80% 8

9 Investment partners Our covenant backed projects are owned by leading investors including: 9

10 What can you expect from our formats?

11 Premier Inn a proven performer The UK s market leader A variety of hotel formats Locations right across UK & Ireland Target locations defined in active programme for national expansion International expansion alongside domestic growth 11

12 Premier Inn ID4 Room Premier Inn typical bedroom gross internal area 21.3m 2 12

13 Properties to suit locations Hotel types to match locations Stand-alone sites (Solus) Joint sites ie hotels with restaurants (RPI) Smaller format (50+ bedrooms) Flexibility Freehold/own build Leasehold/developer led JV Bespoke/opportunity-led Going concerns 13

14 Stand-alone sites New build freehold or leasehold Standalone or part of mixed-use schemes Conversions eg office to hotel Typically large town or city centre locations 14

15 London West Smithfield 15

16 Liverpool One 16

17 London King s Cross 17

18 London Woolwich 18

19 London Heathrow Terminal 4 19

20 Bath City Centre 20

21 Manchester Media City 21

22 London Southwark 22

23 Edinburgh Royal Mile 23

24 Bedford 24

25 Glasgow City Centre Buchanan Galleries 25

26 Joint sites Hotel with adjoining branded restaurant Larger footprint sites Suits smaller towns and edge of town Typically acre sites 26

27 Whitley Bay 27

28 Small format sites 50+ bedrooms Adjusted F&B offer Suits above retail, high street and tight mixed-use schemes Makes smaller sites viable 28

29 Leek Town Centre 29

30 Lewes 30

31 Farnham 31

32 Introducing:

33 hub by Premier Inn hub by Premier Inn is a new concept in city centre hotels from Whitbread. Compact, contemporary and connected, hub hotels are the latest innovation in high quality, great value hotel design and are all about taking the comfort, convenience and consistency of Premier Inn and putting it into a smaller package. 33

34 hub by Premier Inn hub by Premier Inn typical bedroom size from 11.4m 2 hub by Premier Inn typical bedroom gross internal area 11.4m 2 Premier Inn typical bedroom gross internal area 21.3m 2 34

35 hub by Premier Inn room 35

36 hub by Premier Inn bar 36

37 hub by Premier Inn check-in kiosk 37

38 hub by Premier Inn Targeting prime central London (Zones 1 and 2) Doubled the estate in 2017 Substantial growth potential further requirement for over 3,000 rooms 9 hotels open and trading in London and Edinburgh city centres 38

39 Westminster, St James s Park 39

40 Royal Mile, Edinburgh 40

41 King s Cross 41

42 A great place to work

43 WISE (Whitbread Investing in Skills & Employment) Providing work experience, apprenticeships and work placements and delivering qualifications programme for staff Whitbread aims to retain its workforce and develop its staff in order to progress within the business Targeting 5,000 apprenticeships, 7,500 work experience placements and 6,500 adult work placements by 2020 Only hospitality organisation recognised in the government s Get In Go Far apprenticeship scheme Working with Job Centre Plus (JCP) and other local referral agencies to support adult work placement programmes 43

44 Taking sustainability seriously

45 Good Together our CSR programme Using our influence and opportunities as a force for good, with targets across teams and communities (ie people), the environment, and customer wellbeing We promote fundraising across our business in various ways, including employee payroll giving, Raise & Match scheme, optional giving when booking Premier Inn online, and encouraging our suppliers to donate Hypnos beds at Premier Inn bed are made using 100% sustainably sourced timber Responsible sourcing: 2020 target of 100% accredited supply for critical product sourced commodities Whitbread are managing our footprint, with impressive performance in 2016/17 and even more ambitious targets for the future 45

46 Contacts SCOTLAND Jo Moon Director of Acquisitions: Kevin Murray Head of Acquisitions (North & Ireland): Derek Griffin Head of Acquisitions (London & South and East England): REPUBLIC OF IRELAND NORTHERN IRELAND NORTHERN ENGLAND Jonathan Langdon Acquisitions Manager (Central London) WALES MIDLANDS EAST ENGLAND LONDON Louise Woodruff Acquisitions Manager (Outer London) SOUTH WEST SOUTH EAST 46

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