Premier Inn Partnership
Despite the success in general terms of the B2 programme, it was found that Beefeater Restaurants not adjoining a Premier Inn (also owned and operated by Whitbread) were not performing as well. In late 2006, Whitbread made the decision to sell off the majority of stand-alone Beefeaters.
These were sold to a rival restaurant company, Mitchells & Butlers, which owns a number of pub and restaurant brands, such as Harvester and Toby Carvery. Since the sale, the retained estate's financial performance has improved.
The period after this sale has seen Whitbread also sell its Pizza Hut and T.G.I. Friday's brands, with the intention of concentrating entirely on its Beefeater, Table Table, Brewers Fayre, Taybarns and Costa Coffee brands.
Read more about this topic: Beefeater (restaurant)
Famous quotes containing the words inn and/or partnership:
“I have had the accomplishment of something like this at heart ever since I was a boy.... So I feel tonight like the man who is lodging happily in the inn which lies half way along the journey and that in time, with a fresh impulse, we shall go the rest of the journey and sleep at the journey’s end like men with a quiet conscience.”
—Woodrow Wilson (1856–1924)
“Society is indeed a contract.... It is a partnership in all science; a partnership in all art; a partnership in every virtue, and in all perfection. As the ends of such a partnership cannot be obtained in many generations, it becomes a partnership not only between those who are living, but between those who are living, those who are dead, and those who are to be born.”
—Edmund Burke (1729–1797)