
Since the acquisition of Premier Lodge, Whitbread is working on economies of scale to improve its financial results. 250 of head-office jobs have been slashed in the shared services, such as property, finance, human resources, information and communications. With “disappointing sales” in the catering division, Whitbread relies more heavily on the performance of the hotel division. For the 1st semester Premier Travel Inn achieved a euro320 million turnover, a 7.7% increase like-for-like compared to 2004.Since the acquisition of Premier Lodge, Whitbread is working on economies of scale to improve its financial results. 250 of head-office jobs have been slashed in the shared services, such as property, finance, human resources, information and communications. With “disappointing sales” in the catering division, Whitbread relies more heavily on the performance of the hotel division. For the 1st semester Premier Travel Inn achieved a euro320 million turnover, a 7.7% increase like-for-like compared to 2004.
This content is for subscribers only. You have 80% left to discover.
Every week, Hospitality ON Team brings you an expert look at the world of hospitality.
By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.
BECOME A MEMBERAlready a member ? Login