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Whitbread tipped to confirm asset sales next month

Whitbread is expected to confirm next month plans to sell at least £200m-£500m of four-star Marriott assets.

It is also hoping to announce the sale of its three-star Courtyard by Marriott chain for about £80m as part of a strategic review.

There had been speculation Whitbread might sell its high-street restaurant business but insiders do not believe it will do so.

References: The Times (Compact) 30/09/04 page 54

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