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Evening Standard
Evening Standard
Business
Mark Banham

Premier Inn and Park Plaza hotels concerned by inflation and staff shortages despite return to profit

Premier Inn Inflation Whitbread PPHE

A Premier Inn branch

(Picture: Premier Inn)

Hotel prices are set to rise as costs increase and an acute shortage of staff puts pressure on operators.

Two of the largest hotel groups — PPHE, which owns the Park Plaza and art’otel chains, and Whitbread, owner of Premier Inn — flagged the issues in updates today, though both reported a bounce-back in profits as the impact from Covid-19 restrictions fades.

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