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Premier Inn offers 5 hotels in India for sale

Premier Inn hotels located in India’s most visited cities, New Delhi, Chennai, Bangalore, Pune and Goa, are being offered for sale through an international tender process with JLL Hotels & Hospitality Group along with two hotels in Thailand. The tender for bids is scheduled from December 19 to 23, 2016. Owned by UK company Whitbread Hotels & Restaurants International, the portfolio offers two hotels in Thailand with a collective key count of 388: one property is located in the heart of Bangkok’s retail and entertainment precinct, Sukhumvit Soi 11, and is set to be completed in the first half of 2017; the other hotel is minutes away from Pattaya’s popular Second Road and enjoys close proximity to the town’s beaches, retail malls and famous Walking Street. Premier Inn’s India portfolio, comprising five hotels in prime locations in the nation’s best performing cities, will be among the largest hotel portfolios offered in India in recent times, with a total of 583 room keys.