About Premier Inn
Premier Inn is a company based in Dunstable (United Kingdom) founded in 1987 by Whitbread was acquired by Standard Life in August 2017.. Premier Inn has raised $9.1 million across 1 funding round from investors including LXi REIT and Standard Life. Premier Inn has completed 1 acquisition, including AZIMUT Hotels. Premier Inn offers products and services including Hotel Rooms, Premier Inn Breakfast, Premier Plus Rooms, and Family Rooms.
- Headquarter Dunstable, United Kingdom
- Founders Whitbread
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$3.22 M (USD)-58as on Mar 31, 2021
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Net Profit
$-8.35 M (USD)-1as on Mar 31, 2021
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EBITDA
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Total Equity Funding
$9.1 M (USD)
in 1 rounds
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Latest Funding Round
$9.1 M (USD), Series A
Nov 13, 2017
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Investors
LXi REIT
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Standard Life
(Aug 17, 2017)
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Products & Services of Premier Inn
Premier Inn offers a comprehensive portfolio of products and services, including Hotel Rooms, Premier Inn Breakfast, Premier Plus Rooms, and Family Rooms. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comfortable rooms with en-suite bathrooms and TV
Tempting breakfast dishes for hotel guests
Enhanced rooms with more comfort and connectivity
Rooms with beds for families and cots for babies
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Funding Insights of Premier Inn
Premier Inn has successfully raised a total of $9.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.1 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $9.1M
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First Round
First Round
(13 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Series A - Premier Inn | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Premier Inn
Premier Inn has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include LXi REIT and Standard Life. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Real estate investment services are provided through a REIT structure.
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Founded Year | Domain | Location | |
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Retirement and pension investments are managed by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Premier Inn
Premier Inn has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AZIMUT Hotels. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Standalone hotels and resorts are operated by AZIMUT Hotels.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Premier Inn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Premier Inn Comparisons
Competitors of Premier Inn
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Premier Inn
When was Premier Inn founded?
Premier Inn was founded in 1987 and raised its 1st funding round 30 years after it was founded.
Where is Premier Inn located?
Premier Inn is headquartered in Dunstable, United Kingdom.
Who is the current CEO of Premier Inn?
Alison Brittain is the current CEO of Premier Inn.
Is Premier Inn a funded company?
Premier Inn is a funded company, having raised a total of $9.1M across 1 funding round to date. The company's 1st funding round was a Series A of $9.1M, raised on Nov 13, 2017.
What is the annual revenue of Premier Inn?
Annual revenue of Premier Inn is $3.22M as on Mar 31, 2021.
What does Premier Inn do?
Premier Inn was founded in 1987 in Dunstable, United Kingdom, operating within the hospitality sector. Budget hotel rooms, including family options and those with extra amenities, are offered at various locations. On-site restaurants deliver food and beverage services. Online booking systems support business travel, alongside packages for leisure and other trips. Operations emphasize clean facilities and comfortable beds for guests.
What products or services does Premier Inn offer?
Premier Inn offers Hotel Rooms, Premier Inn Breakfast, Premier Plus Rooms, and Family Rooms.
How many acquisitions has Premier Inn made?
Premier Inn has made 1 acquisition, including AZIMUT Hotels.
Who are Premier Inn's investors?
Premier Inn has 2 investors. Key investors include LXi REIT, and Standard Life.