Whitbread has secured a site next to the Olympic Stadium in Stratford, East London, where it will build a 267-bedroom Premier Inn to open in time for the games in 2012.
The latest acquisition is part of the budget hotel chain's £160m London expansion plan. By summer 2012, Whitbread aims to have 13 new Premier Inn hotels open for business across the capital, bringing its London total up to 59.
Alan Parker, chief executive of Whitbread, said: "Securing this first-class location adjacent to the Olympic Stadium is a great result for us. With our expansion over the next two years Premier Inn will have an unrivalled presence across London with more bedrooms in more locations than any other hotel operator."
Whitbread is investing £25m into the Stratford hotel, which claims to be the closest to the recently opened Stratford International station. Its opening is expected to create 90 new hospitality jobs.
John Burton, director of Westfield Stratford City, where the hotel will be based, said: "Westfield Stratford City has unrivalled connectivity and the opportunities that offers in terms of catchment are unparalleled. Westfield Stratford City will be projected onto a world stage during the Olympic Games in 2012 and we are creating a new metropolitan hub which will transform east London for the wider community, prompting increased investment and business activity in the area for years to come."
The 13 new London Premier Inn sites will be in: Aldgate, (251-room), Ealing (165-room), Greenwich (150-room), Hanger Lane (167-room), Heathrow Terminal 5 (400-room), Islington (95-room), Old Street (231-room), Southwark (122-room), Stratford (267-room), Sunbury (109-room), Swanley (60-room), Wandsworth (120-room) and Waterloo (247-room).