Whitbread Shares Fall Following $2 Billion Property Sale and Leaseback Plan
Whitbread, owner of Premier Inn, saw its shares decline after announcing a plan to sell and lease back $2 billion in property assets.
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Whitbread Plans 3,800 Job Cuts and £1.5bn Property Sales in Overhaul
Premier Inn owner Whitbread has announced a major five-year overhaul plan that includes cutting 3,800 jobs and selling £1.5 billion worth of its hotel properties, partly in response to activist pressure.
Premier Inn Owner Whitbread to Cut 3,800 Jobs, Remodel Restaurants
Whitbread, the owner of Premier Inn hotels, has announced plans to cut 3,800 jobs as part of a new savings initiative and will also remodel its 197 hotel restaurants.
Premier Inn Owner to Cut 3,800 Jobs, Close Restaurants
Whitbread, the owner of Premier Inn hotels, has announced plans to cut 3,800 jobs as part of a new savings initiative. The company will also close its remaining Beefeater and Brewers Fayre restaurants.