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Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

Whitbread acquires Premier Lodge chain

Leisure group, Whitbread, has acquired the Premier Lodge chain of hotels for £505m from the Spirit Group.

The deal will integrate 132 Premier Lodge hotels with Whitbread’s existing Travel Inn business and form a new brand called Premier Travel Inn.

Consisting of 29,141 rooms in 461 locations, Premier Travel Inn will instantly become the biggest budget hotel business in the UK.

Alan Parker, chief executive, revealed that the similarity of the two brands was a deciding factor in the decision to acquire Premier Lodge.

He said: “Following extensive due diligence, we have developed detailed integration plans to enable us to deliver the improved profitability and synergies which have been identified.

“The acquisition represents a step-change in our scale and presence in this attractive and growing sector.”

Whitbread will pay the transaction in cash and the company expects the return on the total investment to exceed 10 per cent by the end of the 2006-2007 financial year.

Premier Lodge reported pre-tax profits of £29m for the year ending 31 December 2003, while Travel Inn contributed £74m of Whitbread’s operating profit during the year ending 4 March 2004.

Whitbread also revealed that, as part of the Premier Lodge deal, it has acquired 19 pub restaurants from Spirit for a further £31.2m.

All pubs are situated adjacent to Premier Lodge hotels and will be integrated into Whitbread’s Brewers Fayre brand. Details: www.whitbread.co.uk

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Leisure group, Whitbread, has acquired the Premier Lodge chain of hotels for £505m from the Spirit Group.
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News

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Features
EHFF 2019
The sixth European Health & Fitness Forum (EHFF), will take place on 3 April 2019 in Cologne, Germany, the day before the start of FIBO. HCM gives a sneak preview
Features
Supplier showcase
With a new update coming out in 2019, Myzone is trailblazing in the fitness wearables market
Features
Group Exercise
We look at the current group exercise landscape and ask what’s likely to be trending in the year ahead, as well as tactics club operators can use to improve their results
Features
Retail
Years ago, gym retail meant a small selection of basic products sold behind a counter. Now retail can turn more profit more than anywhere else in the gym, with opportunities in activewear, supplements and specialised gym equipment. We look at what’s working according to three industry experts
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The UK’s first hotel with high altitude rooms has opened its doors, hot on the heels of the launch of a hypoxic chamber at the new Third Space in London. Is altitude training heading for the mainstream? Kath Hudson reports
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Report
What role can sport and physical activity play in preventing crime and anti-social behaviour – and are our prisons making the most of this opportunity to change lives? Kate Cracknell reports
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People
In London, people are familiar with the boutique concept, but elsewhere it’s still relatively new, so initially it was a challenge to educate people in Manchester about our benefits, when they were used to paying budget club prices
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As an operator, you need to pick your price point and do what you can for that, but do it really well. We have great quality facilities, but what we offer isn’t luxury
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As long as people do the 30-minute circuit, twice a week, they are guaranteed results, and that’s a simple message to get across
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You can do lots of great stuff, but find there are still large numbers of people who don’t engage. If you can start to understand why, then you’re onto something
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Featured supplier news
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Video Gallery
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Company profiles
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Corporate retreats
Barcelona Bootcamp: Corporate retreats
Trade associations
International SPA Association - iSPA: Trade associations
Management software
GymSales: Management software
Exercise equipment
Jordan Freeweights: Exercise equipment
Member access schemes
Move GB: Member access schemes
Flooring
Total Vibration Solutions Ltd: Flooring
Locking solutions
Ojmar: Locking solutions
Skincare
Comfort Zone - Davines S.p.A: Skincare
Direct debit solutions
Harlands Group: Direct debit solutions
Property & Tenders
Waterlooville Hampshire
Horizon Leisure Centres
Property & Tenders
Waterlooville Hampshire
Horizon Leisure Centres
Property & Tenders
Diary dates
27-28 Feb 2019
Chesford Grange, Kenilworth, United Kingdom
Diary dates
07-09 Mar 2019
Shanghai New International Expo Center, Shanghai, China
Diary dates
Active IQ
Active IQ