Premier Inn owner Whitbread to cut 1,500 jobs at struggling restaurants arm [Video]

Dominic Paul, Whitbread Chief Executive, said: “We have delivered an outstanding set of results in FY24, led by the strength of our UK hotels business. Our increased levels of profitability, operating cashflow and return on capital reflect the power of our unique operating model. Our freehold-backed balance sheet, together with our strategy of continuing to invest, is allowing us to take advantage of the significant structural growth opportunity that exists following the decline in UK hotel supply.