Introducing hub by Premier Inn

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2 5 Sites secured as of 1 st July ,000 Over 1,000 rooms committed 75,000 Total UK Premier Inn bedrooms by 2018 Introducing hub by Premier Inn hub by Premier Inn is a new concept in city centre hotels from Whitbread. Compact, contemporary and connected, hub hotels are our latest innovation in high-quality, great value hotel design and are all about taking the comfort, convenience and consistency of Premier Inn and putting it into a smaller package. hub hotels will have smaller and more compact bedrooms than Premier Inns just over half the size and we ve engineered them to use the latest technology, features and components. Our mission remains to give our guests a great night s sleep with a comfortable bed, great quality in-room TV, WiFi and AV and a fully-equipped modern bathroom. As we look to expand our total UK bedrooms to 75,000 by 2018, hub hotels will work alongside Premier Inn hotels to help us get the growth. We have 1,000 bedrooms in a committed pipeline of five central London sites today and we want to expand the total number of hub bedrooms in London and across the UK, in line with customer demand and our strategic growth in key urban centres. hub bedrooms will typically work best in high footfall city centre locations where a proportion of guests seeking accommodation will prioritise location, comfort, style and quality over room size. hub will typically cost around 25% less than the price of a Premier Inn stay and will offer an attractive, contemporary alternative to value-conscious customers. As of July 2013, we have five London sites that we are taking forward. We expect to add more hub locations in London and across the high-demand and major UK cities. That s where you come in. This introduction to hub is designed to tell you more about what we need from the market and what we can offer in return.

3 Property specification hub bedroom gross internal area 11.4m 2 Premier Inn bedroom gross internal area 21.3m 2 hub hotels will typically have between 80 and 200 bedrooms and be in the UK s main tourist and high-demand cities London (Zones 1 and 2), Spire Cities (such as Oxford, Cambridge, Bath and York) as well as major gateway, urban centres (such as Edinburgh, Bristol, Birmingham, Leeds, Manchester, Newcastle etc). We are typically looking for locations offering between 16,000 sq ft and 40,000 sq ft. As is synonymous with Premier Inn, we are highly flexible and will work with you to bring forward the right site and the right deal. Freehold or leasehold New build or conversion Working in partnership with developers or self-build All hub hotels will offer a Food & Beverage service integrated into the hotel. While many guests are expected to make use of nearby city centre restaurants and other attractions, we will offer an attractive and well priced Food & Beverage service on site. All bedrooms will have en suite bathrooms, WiFi (with 40 internet enabled Samsung smart TVs), and air conditioning. hub will be supported by Premier Inn s market-leading on-line booking and reservations service and will be the UK s first hotel chain with its own app, letting customers control their hotel experience. Freehold or leasehold Build costs around 25% below Premier Inn Rooms will be 11.4m 2 compared to the 21.3m 2 of a Premier Inn bedroom Air conditioning (required) Whitbread backed covenant, 25 year leases, CPI linked and 5-yearly rent reviews

4 Sites in development, more sites wanted 1. St Martin s Lane 167 bedrooms Freehold In construction Opening summer Tottenham Court Rd (Goodge St) 179 bedrooms Leasehold Office conversion Planning application submitted 3. Spitalfields (Brick Lane) 189 bedrooms Leasehold Planning consent secured Opening autumn/winter King s Cross 408 bedrooms Freehold New build Planning to be submitted imminently 5. Tower of London 118 bedrooms Long leasehold Office conversion Planning application submitted What we re looking for and where we want it Our roll out of hub will be shaped by customer response to our first London site (scheduled to open on St Martin s Lane, off Trafalgar Square in summer 2014). We know that we ll want more sites in central London (Zones 1 and 2) and expect to roll out hub hotels across other UK key cities. We ll be publishing a Target Towns list in the near future and looking to work closely to unlock more great sites and opportunities. Got a site and want to find out more? We ve built the success of Premier Inn by working with the best in the industry. Now, we want to continue the success story adding hub alongside the continued growth of Premier Inn. If you ve got a site which you think works for hub, don t hesitate to get in touch. Paying competitive fees, offering quick and professional decisions, and bringing the strength and assurance of a Whitbread covenant to the table, we re keen to do business and look forward to hearing from you. Our UK & Ireland Acquisitions team is tasked with finding new sites for hub and Premier Inn. Get in touch by contacting our Acquisition Managers details overleaf.

5 Who to talk to John Bates Head of Acquisitions for the UK & Ireland (also covering Ireland & West Midlands specifically) Derek Griffin Head of Acquisitions for London Kevin Murray Senior Acquisition Manger, North Richard Pearson Wales, South West & East Midlands Guy Kemsley South East & East John Rumsey London (South) Nicholas Johnston North West and North Wales Jonathan Langdon London (North) Owen Ellender London (North East)