LEISURE group Whitbread yesterday announced a further expansion of its Premier Travel Inn business.
Whitbread has entered into an agreement to acquire the business and assets of seven Holiday Inn-branded hotels from subsidiaries of LRG Acquisition for £34.5m.
All hotels, including one in Newcastle city centre, will be converted to the Premier Travel Inn brand.
Chief executive Alan Parker said: "Last week, we announced a new target of 45,000 rooms in the UK by 2010.
"This announcement marks a significant step towards this target and injects further pace into our expansion plans."
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