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Premier Inn owner Whitbread is to cut 1,500 jobs as it closes restaurants and expands its hotel business.<\/b><\/p>\n
It plans to cut its number of branded restaurants by more than 200 in favour of building more hotel rooms.<\/p>\n
The job cuts, which are subject to consultation, will come from a total UK workforce of 37,000 employees.<\/p>\n
The group’s restaurant brands including Brewers Fayre and Beefeater.<\/p>\n
It plans to sell 126 of its less profitable restaurants, with 21 sales already having been agreed.<\/p>\n
It will also close 112 restaurants and convert the space into new hotel rooms.<\/p>\n
Whitbread said the changes would add more than 3,500 hotel rooms across its estate.<\/p>\n
Dominic Paul, Whitbread chief executive, said: “We recognise that our transition will impact some of our team members so we will be providing support throughout this process and we are committed to working hard to enable as many as possible of those affected to remain with us.”<\/p>\n
The cuts come after Whitbread’s pre-tax profit rose 21% to \u00a3452m for the year to 29 February.<\/p>\n<\/div>\n