» Whitbread could slash 6,000 jobs

Whitbread could slash 6,000 jobs

Whitbread, owner of Premier Inn hotels, has warned it could axe 6,000 jobs as the pandemic continues to hit demand for hotel stays.  This will have a knock-on affect for commercial property landlords as Premier Inns’ covenant is getting weaker, they may look to close several hotels, pull back on their expansion, walk away from opening new hotels and withhold paying rent.

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