Premier Inn-owner cuts 1,500 jobs compared with 6,000 expected earlier By Reuters

(Reuters) – Premier Inn-owner Whitbread (LON:WTB) said on Thursday it had completed the restructuring of its hotel and restaurant operations, leading to around 1,500 job cuts, much lower than the 6,000 it had expected.

The company also said total UK accommodation sales were down 55.2% for the 13 weeks that ended on Nov. 26, and that it expects current travel restrictions in the UK and Germany to remain until at least the end of its fiscal year.