Whitbread's Premier Inn to withdraw from India, South East Asia
Reuters
Bengaluru, Karnataka, IndiaUpdated: Jul 13, 2016, 06:02 PM IST
Whitbread, which operates hotels, restaurants and coffee shops, said Premier Inn would continue to expand in the UK, Germany and the Middle East. Photograph:(Getty)
Follow UsWhitbread Plc said today its Premier Inn hotel chain would withdraw from India and South East Asia, as part of efforts to focus on more profitable markets.
Whitbread, which operates hotels, restaurants and coffee shops, said Premier Inn would continue to expand in the UK, Germany and the Middle East.
The company said it did not consider cost of the withdrawal to be material.
Whitbread said growth plans for its Costa Coffee chain remained unchanged.
(Reuters)
Whitbread, which operates hotels, restaurants and coffee shops, said Premier Inn would continue to expand in the UK, Germany and the Middle East.
The company said it did not consider cost of the withdrawal to be material.
Whitbread said growth plans for its Costa Coffee chain remained unchanged.
(Reuters)