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Premier Inn Limited is a British limited service hotel chain and the UK's largest hotel brand, with more than 800 hotels, with over 72,000 rooms. It operates hotels in a variety of locations including city centres, suburbs and airports, competing with the likes of Travelodge and Ibis hotels.
Premier Inn: Budget: hub by Premier Inn Wyndham Hotels & Resorts: Parsippany-Troy Hills (USA) World-wide 1963 9,280 [102] 809,900 [34] Premium: Wyndham Grand; Dolce ...
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A predecessor company was founded in 1984. In 1992, when the chain had 18 properties, it went bankrupt during a recession. [3] Two years later, in 1994, a former operations director of the chain, Tony Troy, led a management buyout for £68 million by Bridgepoint Capital. [4]
Puma Hotels initially indicated it would revive the Paramount brand, but instead adopted its own name as the hotels brand. [5] Then, from 10 June 2014, Puma Hotels re-branded the chain as 'The Hotel Collection' after being purchased by Lone Star Funds, a US-based private equity group, for £323m. The group continued to run the same 21 hotels. [6]