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All Whitbread articles – Page 4
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NewsWhitbread banks on staycation summer
Whitbread is yet another business banking on a boom in staycations this summer to help it recover some of the £1bn loss it racked up last year.
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NewsWhitbread makes £1bn loss
Whitbread, the hotel and restaurant operator, has reported a statutory loss before tax of £1bn, as revenue fell 71.5% to £589.4m during a year of lockdowns and restrictions.
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NewsWhitbread announces reopening plan
Whitbread has announced the reopening plans of its 435 restaurants across the UK, including Beefeater, Brewers Fayre, Table Table, Whitbread Inns, Cookhouse + Pub and Bar + Block.
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NewsWhitbread HR director to step down
Whitbread has announced group HR director Louise Smalley will step down from the Board on 31 August 2021.
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NewsHospitality companies see stocks rise on back of roadmap announcement
Investors have snapped up hospitality and leisure stocks following the announcement by Boris Johnson of his roadmap out of lockdown on Monday.
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NewsWhitbread appoints NEDs
Whitbread has appointed to new non-executive directors, Fumbi Chima and Kal Atwal.
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NewsWhitbread refinances debt with green bonds
Whitbread has refinanced its debt, with the pricing of two green bonds, extension of its revolving credit facility and its intention to repay private placement notes.
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InterviewsWhitbread CEO Alison Brittain: Government support for hospitality a ‘good policy decision’
Issuing further financial support for hospitality would be a “good policy decision” for Government if they wish to see a fast-paced recovery, Whitbread CEO Alison Brittain has said.
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NewsWhitbread F&B sales halve
Whitbread has seen its food and beverage sales halve in Q3 2020, affected by heightened tiering and lockdown restrictions.
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NewsWhitbread could halve job cuts
Whitbread may halve the number of jobs cuts it announced, due to the extension of the furlough scheme and vaccine breakthrough, The Times reports.
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NewsWhitbread “well placed” to enhance UK market position despite losses
Whitbread has said it is “well placed” to enhance its market leadership position in the UK despite a significant dip in revenue for its H1 trading period.
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NewsWhitbread to cut 6,000 UK jobs
Whitbread will cut up to 6,000 jobs across its hotel and restaurant brands as it sees sales plummet because of the coronavirus crisis.In an update on the Stock Exchange today (22 September), the Brewers Fayre parent company has reported total sales for the six months to 27 August 2020 were down 77.2% year-on-year as a result of the forced closure of most of its sites.
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NewsWhitbread non-exec steps down
Whitbread non-executive director Deanna Oppenheimer is to step down from the board this year.
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NewsWhitbread scraps £10 cap on industry discount
Whitbread has scrapped the £10 Eat Out to Help Out discount limit and will give guests 50% off the food bill and soft drinks on Monday, Tuesday and Wednesday during August. All its 750 restaurants, whose brands include Beefeater, Brewers Fayre, Table Table, Whitbread Inns, Cookhouse + Pub and Bar + Block will have reopened by 5 August and all will participate without any cap on the 50% discount.
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NewsWhitbread to cut 250 jobs
Whitbread may cut 250 head office jobs as part of a proposed restructuring, the hotel and restaurant operator has announced.
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NewsWhitbread to open entire restaurant estate next month, joins Eat Out to Help Out scheme
Whitbread has announced that its entire restaurant estate will have reopened by the beginning of next month, and all sites will be taking part in the government’s Eat Out to Help Out scheme.
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NewsWhitbread opens 24 restaurants
Whitbread has reopened 24 restaurants and 270 UK hotels, with the the majority of the rest of the estate due to reopen throughout July.
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NewsWhitbread launches £980 million rights issue raise
Whitbread has proposed that it intends to raise £980 million - approximately £1,009 million in gross proceeds - by way of a rights issue.
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NewsWhitbread eligible under Covid Corporate Financing Facility
Whitbread has announced it has been confirmed as an eligible issuer under the UK Government’s Covid Corporate Financing Facility (CCFF).
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NewsWhitbread to close restaurant estate
Whitbread is the latest hospitality giant to announce the temporary closure of its restaurant sites amid the COVID-19 pandemic.