Whitbread Divests Non-Core Assets And Restaurants
Hospitality company Whitbread is divesting assets not directly related to its hotel business. The company has already exited the jewelry and beer sectors. Whitbread is now selling numerous underperforming restaurants to convert those spaces into hotel bedrooms.
Topics
Developing
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Sources · 7 independent
Times Radio UK
“they got rid in terms of the jewelry, the head, they got out of the sort of beer sector. They're now getting rid of loads of their restaurants, which they perceive to be underperforming, converting a number of them into bedrooms.”
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