Like-for-like sales at hotel chain almost ground to a halt in six months to 30 August
Premier Inn’s owner, Whitbread, is planning a major push into the German hotels market after the sale of its Costa Coffee business to Coca-Cola.
Alison Brittain, Whitbread’s chief executive, said the company would plough some of the proceeds from the agreed £3.9bn sale into expanding its hotels business but a “significant proportion” of the money would be returned to shareholders.
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