Whitbread PLC

Whitbread Plc engages in the operation of a chain of hotels, restaurants, and coffee shops. The firm's brands include Premier Inn, Beefeater, Brewers Fayre, Table Table, Bar + Block Steakhouse, Cookhouse and Pub, and Thyme. It operates through the following segments: UK and Ireland, Germany, and Central and Other. The company was founded by Samuel Whitbread on December 11, 1742 and is headquartered in Dunstable, the United Kingdom.

FTSE 100 is trading down today after the Office for National Statistics (ONS) said consumer prices were up more than expected in March. U.K. inflation data today came in hot Year-on-year, inflation in the United Kingdom was still at 10.1% last month – a decline from 10.4% in February but hotter than 9.

Analyst: buy Whitbread stock despite U.K. inflation data today

Lloyds Banking Group

SSE PLC

Stuck for an idea where to put that last bit of SIPP allowance money, fear not as UBS has done the leg work and come up with a list of European ‘conviction' buys (and sells). Focusing just on the UK, seven 'buys' are put forward by the Swiss bank, all of which it said rated the highest composite score for their discount to UBS's price target, correlation to the dollar, correlation to China's manufacturing index, sector weighting and a ‘style factor‘ score.

Lloyds Banking, Endeavour Mining, SSE and Whitbread among UBS's 'conviction' buys

Whitbread PLC (LSE:WTB) shares were among the highest risers on the FTSE 100 on Thursday after the Premier Inn owner reported continue growth in its UK and German hotels. Total revenue per available room (revpar) in the third quarter was up 21% on the same period a year earlier and 27% versus the pre-pandemic period, driven by a strong performance across London and in the regions.

Whitbread shares climb on Premier Inn's continued outperformance of wider hotel market

Premier Inn owner Whitbread Plc reported higher third-quarter sales on Thursday, helped by strong demand for accommodation in the UK and higher room rates as people travelled for the first Christmas without pandemic curbs despite a cost of living crisis in Britain.

Premier Inn-owner Whitbread Q3 sales rise on strong UK bookings

Premier Inn owner Whitbread PLC's (LSE:WTB) third quarter trading update next Thursday will see shareholders checking in to try and find comfort over the issues which have caused shares to slip by 11% over the last 12 months and over 30% since before the pandemic. The shares have been weighed down by a slowing economy in its key UK and German markets, said analysts at AJ Bell, along with the squeeze on consumer incomes as a result of soaring inflation and forecast downgrades as a result of higher energy, staff and input costs.

Whitbread shareholders looking for reassurances from third quarter update

Hotel and tour operators are expected to strengthen this year as demand increases despite significant headwinds led by peak inflation, UBS is predicting. Hotelier Whitbread PLC (LSE:WTB) should expect “continued market share gains and outperformance of the midscale/economy segment where it has 100% exposure,” the Swiss bank stated.

Whitbread and Jet2 top picks as travel industry continues recovery in 2023 - analyst

Whitbread plc (OTCPK:WTBCF) Q2 2023 Earnings Conference Call October 25, 2022 4:15 AM ET Company Participants Alison Brittain - Chief Executive Officer Hemant Patel - Chief Financial Officer Conference Call Participants Jamie Rollo - Morgan Stanley Vicki Stern - Barclays Jarrod Castle - UBS Leo Carrington - Citi Alex Brignall - Redburn Tim Barrett - Numis Ivor Jones - Peel Hunt Desmond Taljaard - LR Ventures Operator Good morning, everyone, and welcome to the Whitbread H1 Full-Year '23 Interim Results Call. My name is Seb, and I'll be the operator for the call today.

Whitbread plc (WTBCF) Q2 2023 Earnings Call Transcript

Premier Inn owner Whitbread PLC (LSE:WTB) is “in a strong position to increase its long-term rooms” according to analysts at Liberum Capital, who reiterated an ‘add' recommendation on the stock following the firm's interim results. Whitbread reported that it swung to a profit in the first half of its financial year 2023, with earnings 40% ahead of pre-pandemic levels.

Premier Inn owner Whitbread well positioned to increase long-term rooms, says Liberum

Whitbread PLC (LSE:WTB), the owner of Premier Inn, swung to a profit in its first half of the 2023 financial year, with earnings 40% ahead of pre-pandemic levels as the travel sector continues to recover. But it cautioned that costs for the full year are set to rise by £60mln due to inflation pushing up the cost of labour, utilities and food and beverages, and following brought-forward investments in IT and marketing.

Whitbread swings to profit in H1; sees FY costs rising £60mln

Whitbread PLC (LSE:WTB) has splashed out on £200mln plans to develop a Premier Inn hotel just off London's Trafalgar Square. The FTSE 100 group has acquired the freehold property of 5 The Strand in the centre of the capital, which had been bought four years by an Indian property developer intending to create a luxury 200-bedroom hotel.

Whitbread splashes out on £200mln small-room hotel near Trafalgar Square

Domino's Pizza

(Reuters) -Premier Inn owner Whitbread on Wednesday named Domino's Pizza Group chief Dominic Paul as its next chief executive officer.

Whitbread taps Domino's boss as next CEO

Shares in Whitbread PLC (LSE:WTB) are “materially undervalued” according to mid-cap specialist Peel Hunt after the Premier Inn chain owner's buoyant trading update today.   Whitbread's trading update told of a strong growth story in Germany, where the Premier Inn chain has opened 40 hotels with plans to open 38 more.

Whitbread shares are “materially undervalued”, says Peel Hunt

Whitbread PLC (LSE:WTB), the owner of Premier Inn hotels, said it is confident of delivering a strong first-half performance as trading in the UK and Germany beat expectations. Premier Inn accommodation sales were up 27.2 percentage points ahead of the market, Whitbread said in a statement, citing STR data for 4 March 2022 to 26 May 2022.

Whitbread upbeat on interim performance as trading in key markets 'ahead of expectations'

Travel and tourism will be the background theme as Whitbread PLC (LSE:WTB) and WH Smith PLC issue trading updates on Wednesday, with investors keen to know if the fortunes of the sector are turning around.   The owner of the Premier Inn chain, Whitbread's hotels had 81% occupancy in the first quarter of this year, with April's final results showing profits and dividends returned and the outlook starting to look brighter.

Travel resurgence bodes well for Whitbread and WH Smith numbers next week

Whitbread PLC (OTCPK:WTBCF) Q4 2021 Earnings Conference Call April 28, 2022 3:15 AM ET Company Participants Alison Brittain - CEO & Executive Director Hemant Patel - CFO & Director Conference Call Participants Alison Brittain Good morning. I'm Alison Brittain, and I'd like to welcome you to Whitbread's Financial Year 2022 Preliminary Results Presentation.

Whitbread PLC (WTBCF) CEO Alison Brittain on Q4 2021 Results - Earnings Call Transcript

Whitbread PLC (LSE:WTB) (Whitbread PLC (LSE:WTB)) said it would resume dividend payments as it announced a return to profit and a recovery in hotel bookings, but it also cautioned that cost inflation in the hospitality sector is set to be higher than previously expected.  The Premier Inn-owner posted statutory pre-tax profit of £58.2mln for the year to 3 March 2022, compared to a loss of £1bn in FY21.

Whitbread resumes dividend as it returns to profit but warns of cost inflation

Compass Group PLC

UK-based leisure brands Compass Group PLC (LSE:CPG) and Whitbread PLC (LSE:WTB) could do well if the losses from the pandemic prove less than feared, Barclays has suggested in a note. The broker forecasts Compass and Whitbread- as well as IHG Group - will achieve 2023 revenues higher than those achieved in 2019, as it reckons the shift to working-from-home has been overstated.

Compass and Whitbread attractive as European leisure makes comeback - Barclays

Premier Inn owner Whitbread PLC (LSE:WTB) said it has seen a slowdown in growth since the onset of new Covid restrictions in the UK but predicted that trading would return to pre-pandemic levels later this year. In an update, it said total domestic accommodation sales growth slowed to 5.1% in the six weeks to January 6 compared with a 10.6% advance in the quarter to November 25.

Whitbread sees growth slow in the UK as it is hit by latest Covid restrictions

ASOS PLC

Tesco PLC

After the festive holiday break, retailers of all stripes are queueing to inform investors in the coming week how this key period went for them, with Tesco, Marks & Spencer, JD Sports, ASOS among them. Other sector themes to look out for include updates from a handful of housebuilders, including Persimmon and Vistry; insights into travel trends via Premier Inn owner Whitbread, into omicron-related stay-at-home delivery habits from Just Eat, and into the much-mentioned staffing shortages seen in the second half last year via a pair of recruiters.

Tesco, M&S, JD Sports, Whitbread and ASOS set to report as 2022 calendar gets into gear

Whitbread PLC (LSE:WTB) is well placed for the coming financial year, with the worst of the COVID-19 pandemic set to be over by then, according to broker Peel Hunt, which reiterated its ‘buy' rating and 3,600p target price on the hotel and restaurant group. “We believe that the recovery will quickly re-establish itself from early in Whitbread's new financial year”, which starts in March, the broker said in a note.

Whitbread well placed for FY23, says Peel Hunt as it repeats ‘buy' rating

Talk about damned with faint praise. In a note entitled ‘Not the worst hotel company on the world', our friends at Peel Hunt reiterated their ‘buy' recommendation for Whitbread PLC (LSE:WTB) with a £36 share price target.

Whitbread is “not the worst hotel company in the world” - stockbroker

Whitbread PLC said demand for accommodation is recovering but getting staff to work in its hotels is proving to be a major problem. A material number of vacancies are unfilled, said the Premier Inn owner, with pay rises of £12m-13mln already written in for this year.

Whitbread pays retention bonuses as staff shortages bite

Whitbread PLC said that sales recovery is ahead of expectations and the UK arm could reach full recovery “at some point in 2022”, even though uncertainties remain. The hotelier said it is confident in the return to pre-pandemic UK profit margins, however it will have to wait to assess the speed of recovery once there's greater visibility of longer-term inflation and supply chain pressures.

Whitbread eyes full recovery for UK operations with trading topping forecasts

Reckitt Benckiser Group PLC

Tuesday's will see some well-known names reporting results on both sides of the Atlantic, with hotel operator Whitbread and consumer goods maker Reckitt Benckiser showing both sides of the pandemic coin at the start of London's session. Later, New York's contingent ranges from new tech in the form of Google owner Alphabet Inc and Twitter Inc, to blue-blooded blue chips 3M, Visa, General Electric, Texas Instruments and Lockheed Martin.

Reckitt Benckiser and Whitbread to show different paths out of the pandemic

International Consolidated Airlines Group SA

British Airways owner IAG's chief financial officer Steve Gunning is to leave after the release of the company's full-year 2021 results next February, the airline group said today. His replacement, Nicholas Cadbury, is joining from Whitbread where currently he is Group Finance Director, having joined the group in 2012.

News for Whitbread PLC Stock (WTBDY)