Whitbread To Sell And Lease Back £1.5B In Hotels
Premier Inn owner Whitbread plans to sell and lease back £1.5 billion of its hotels as part of a five-year strategy reset. The move follows the company being impacted by UK property taxes. The restructuring puts 3,800 jobs at risk, according to the report.
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Sources · 7 independent
Times Radio UK
“Premier in-owner Whitbread is to get rid of its chain of branded restaurants and sell and lease back £1.5 billion of its hotels. It puts 3,800 jobs at risk”
Times Radio UK
“Premier in-owner Whitbread is to get rid of its chain of branded restaurants and sell and lease back £1.5 billion of its hotels.”
Times Radio UK
“It puts 3,800 jobs at risk as it resets its five-year strategy after being hit by UK property taxes.”
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