Hotel chain plans to spend more than £20m on increasing salaries and paying one-off bonuses

The Premier Inn hotel chain is making a quicker than expected recovery and could return to pre-pandemic profits by next year, as it boosts wages and offers one-off bonuses to tackle staff shortages in the hospitality industry.

The chain warned that it faces a “material number of vacancies” and plans to spend an extra £12m to 13m this year to boost wages in a bid to attract staff to its hotels. It has also set aside £10m to offer one-off retention bonuses in the second half of the year for staff who stay beyond the summer months.

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Source: Business – The Guardian

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