Since when did Premier Inn become so expensive?
Discussion
glennjamin said:
Must be something on at that location. Some years ago we booked to stay at Hendon Premier Inn for weekend Friday night was £85 Saturday night was £255 was told that price increase was due to boxing event behing held.
This. These kind of places definitely have flexible pricing based on local events / demand etc. I used to have to spend 2 nights each week in central London and used Travelodge. Price variance was huge depending if something on at O2, Albert Hall etc, etc.Both Travelodge and Premier Inn use dynamic pricing. If they get busy, the prices automatically shoot up so they can gouge your eyes out. If they are dead quiet, then rooms drop back down to a reasonable price.
I have used them both for years for work, and it has been this way for years. Annoying though, when you pay £39 for a room one week, then £158 for the same room a week later.
I have used them both for years for work, and it has been this way for years. Annoying though, when you pay £39 for a room one week, then £158 for the same room a week later.
KAgantua said:
Ive noticed *generally* that with chain hotels, and sites like Booking.com etc the days of cheap dynamic pricing is over.
Thsi is in other countries too. Hotels are back to where they were a few ;years ago, Generally an expensive way of sleeping.
Plus the upward pressure, specially in big cities of having,lower standard, Britannia, Holiday Inn hotels taking advantage of the migrants crisis Thsi is in other countries too. Hotels are back to where they were a few ;years ago, Generally an expensive way of sleeping.
alangla said:
Rufus Stone said:
Dashnine said:
New Primark opening on 6th March in Bury St Edmunds, that'll be it.
When I'm in Premier Inn or Travelodge the car parks are almost always full of tradesmen, constructions, and shopfitting vans. The vast majority of their business must be people working away during the week, like me and the trades.
Mont Blanc said:
This.
When I'm in Premier Inn or Travelodge the car parks are almost always full of tradesmen, constructions, and shopfitting vans. The vast majority of their business must be people working away during the week, like me and the trades.
The business model is perfect. Fill the rooms with workers looking for somewhere decent & cheap (or at least compliant with most expenses policies) during the week, then fill the same rooms with passing tourists for a night or two at the weekend. On top of that, offer the Beefeater meals at the sort of price where normal punters will only eat if they get a deal, but the commercial travellers will still be able to expense and you’ve got a licence to print money. In the city centre locations you can also profit from the event related price bumps described above.When I'm in Premier Inn or Travelodge the car parks are almost always full of tradesmen, constructions, and shopfitting vans. The vast majority of their business must be people working away during the week, like me and the trades.
alangla said:
Mont Blanc said:
This.
When I'm in Premier Inn or Travelodge the car parks are almost always full of tradesmen, constructions, and shopfitting vans. The vast majority of their business must be people working away during the week, like me and the trades.
The business model is perfect. Fill the rooms with workers looking for somewhere decent & cheap (or at least compliant with most expenses policies) during the week, then fill the same rooms with passing tourists for a night or two at the weekend. On top of that, offer the Beefeater meals at the sort of price where normal punters will only eat if they get a deal, but the commercial travellers will still be able to expense and you’ve got a licence to print money. In the city centre locations you can also profit from the event related price bumps described above.When I'm in Premier Inn or Travelodge the car parks are almost always full of tradesmen, constructions, and shopfitting vans. The vast majority of their business must be people working away during the week, like me and the trades.
Whitbread, the owners of Premier Inn make about £375m profit per annum.
Travelodge makes about £220m per year profit.
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