Whitbread completed the acquisition of HIEX from Foremost Hospitality.

Whitbread, a hospitality company, best known for its Premier Inn, completed the acquisition of HIEX, a portfolio of 19 hotels held licenses from IHG to operate Holiday Inn Express (HIEX) from Foremost Hospitality, a hotel development and management company. Financial terms were not disclosed. “One of our three key strategic priorities is to focus on building strong and sustainable growth in key international markets. Today’s announcement marks the next stage in our ambitious growth plan for the Premier Inn brand in Germany. We believe Germany has many of the structural growth drivers that have underpinned the success of Premier Inn in the UK and that Germany is a market that will deliver strong returns in the future," Alison Brittain, Whitbread CEO.