Everything you wanted to know about buying and selling hotels.
Whitbread Divests 51 Branded Restaurants for £56 Million: A Strategic Shift in Focus
Whitbread, the parent company of Premier Inn, has announced the sale of 51 branded restaurants for £56 million as part of a strategic overhaul aimed at enhancing its hotel operations. This move follows earlier plans to convert a significant number of its restaurant sites into hotel rooms, showcasing Whitbread’s commitment to adapting its business model in a changing hospitality landscape. With ongoing construction and a clear growth trajectory, the company is poised for substantial expansion in the coming years.