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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

DARK SECRETS: Premier inn profits buoyed by king charles coronation | Vintage Vibes

A modern-looking  Premier Inn hotel in London. There are two vertical signs with purple branding on cladding in varying shades of grey
With the average price of a room outside London now £71, budget accommodation in the UK has ‘all but evaporated’. Photograph: Toby Melville/Reuters

The cost of a room at Premier Inn’s hotels in London rose sharply over the last three months, with tourists visiting for the coronation of King Charles and strong demand for budget stays in the capital boosting the chain, its owner, Whitbread, has said.

Britain’s biggest hotel chain, which runs nearly 900 hotels in the UK and Germany, said it had benefited from an influx of visitors to London for the royal event.

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