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Whitbread is a British multinational hotel and restaurant company headquartered in Houghton Regis, England.The business was founded as a brewery in 1742 by Samuel Whitbread in partnership with Godfrey and Thomas Shewell, with premises in London at the junction of Old Street and Upper Whitecross Street, along with a brewery in Brick Lane, Spitalfields.
On 24 March 2024, Whitbread announced it has drafted in advisors Christie & Co to sell between 30 and 50 of its poorest-performing Beefeater and Brewers Fayre outlets to market rivals, such as Mitchells and Butlers and Greene King, most of which were situated next-door to Premier Inn hotels. Sources added a further 100 of these pubs and ...
The company was established by Whitbread as Travel Inn in 1987, to compete with Travelodge. Whitbread bought Premier Lodge in July 2004 and merged it with Travel Inn to form the current business under the name Premier Travel Inn, which was then shortened to the current name in October 2007. Premier Inn accounts for 70% of Whitbread's earnings.
Race participants in Baltimore Inner Harbor, 2006. The Ocean Race is a yacht race around the world, held every three or four years since 1973. Originally named the Whitbread Round the World Race after its initiating sponsor, British brewing company Whitbread, [1] in 2001 it became the Volvo Ocean Race after Swedish automobile manufacturer Volvo took up the sponsorship, [1] and in 2019 it was ...
The company was taken over by Whitbread in 2000, following which most of the hotels were rebranded as Marriott and the larger pubs were brought under other national brands, such as Brewers Fayre. [7] Later, 10 hotels unsuitable for Marriott conversions were sold off, forming the nucleus of a smaller Swallow Hotels chain, [8] which collapsed in ...
On 25 April 2018, Whitbread announced its intention to fully demerge Costa within two years. [13] On 3 January 2019 the Coca-Cola Company purchased Costa Coffee for $4.9 billion. [3] In March 2020, all UK coffee shops were closed indefinitely due to the COVID-19 pandemic. In late May some branches reopened for takeaway or drive-through orders. [14]
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The company's independence was maintained after Whitbread acted as a white knight by raising its stake in the company from 13 to 23 per cent, and the family and many small shareholders refused to sell their stakes. [24] The chairman of Whitbread, Colonel Whitbread, is reputed to have said, "You are a very old firm. You have a very good name.