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Premier Inn owner Whitbread is to cut 1,500 jobs at its restaurants as it converts food locations into hotel rooms or sell them, as the business increasingly becomes almost entirely a hotels company.The 282-year-old business announced its “accelerating growth plan” today after its latest financial results, which were driven by more strong performance from Premier Inn.But its food and beverage arm, which includes Beefeater, Bar + Block and Brewers Fare, did not match the same performance, with sales down 2%. As a result, Whitbread announced it would drastically scale back its food operations to become even more of a hotels business.

Premier Inn owner Whitbread to cut 1,500 jobs at struggling restaurants arm

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Kyle McGran

Cheapest Mansions For Sale That Anyone Could Buy!

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ThisisJohnWilliams

Attention America: MAJOR Crackdown Coming - illegal to Invest in Property?!

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Tony Khan wears neck brace during NFL DraftSource: NFL Network

AEW owner Tony Khan wears neck brace for NFL Draft after ‘shaking off piledriver’

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Jared Jones

PROOF FLORIDA SELLERS are DESPERATE - Skyrocketing Cost Forcing People Out!

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InstantAcres

$1,500 Down Payment - Owner Financed 15 acres with Natural Creek and gorgeous meadow! ID#PH13

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Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The Guy Who Raised Over $100 Million To Race Drones

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InstantAcres

Only $500 down!! [LARGE ACREAGE] - Owner Financed Land for sale wno credit checks!!

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Parker Gray, Realtor

For Sale by Owner Done RIGHT | How to Sell Your House FSBO Without an Agent

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Rescue pup to meme star: the real-life 'Dogecoin' dog

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Flipping Mastery TV

Wholesaling A “For Sale By Owner” (FSBO) House From Zillow

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Jasson Farrier | Ohio Realtor u0026 Investor

FOX NEWS: The TRUTH About The Housing Market

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