‘Freedom Day’ feels more like ‘Take Care’ day
Around 12,000 of Britain’s licensed premises will finally be able to reopen on Monday
Company
Whitbread PLC
LON:WTB
Whitbread PLC is the UK's largest hotel and restaurant company operating businesses in the budget hotels and restaurant sectors. Its brands include Premier Inn, Beefeater, Table Table, Brewers Fayre and Taybarns. Whitbread PLC employs over 33,000 people and serves 8.5 million customers every month in its 1500 outlets across the UK.
331 stories · page 7 of 17
Whitbread trading rebounds as hotels and pubs reopen
Booking trends for the summer were strong especially in tourist locations
Archive
FTSE 100 closes in red after hawkish Fed and US jobs data spook markets
Britain's blue chip benchmark finished down over 31 points, or 0.44%, at 7,153
Archive
Whitbread and Halfords in Thursday’s spotlight as investors hope for staycation boon
Whitbread, Halfords Group, Dr Martens, and Safestore Holdings are among the notable names in the diary for Thursday.
Crowdcube set to rival PrimaryBid as it prepares IPO platform for retail investors
Stockbroker and Crowdcube shareholder Numis will use the new platform, according to a report in the FT.
Whitbread gains market share but won’t fully recover until 2024 at best, City brokers say
The hotelier is pinning its hopes on UK 'staycation' demand but it needs business travellers to make up for lost revenue
Whitbread slumps to £1bn loss on COVID-19 disruption but says most hotels now open
18 out of 30 hotels are operational in Germany while 92% of the UK estate has resumed operations
Whitbread hoping to draw a line under lockdown as Scotland starts to reopen
The budget market segment in which Whitbread operates can recover more quickly than the rest of the hotel industry
Whitbread first hotel chain to recover thanks to domestic focus but it will take years, says JP Morgan
Sector-wide revenue per available room (RevPAR) is not expected to reach 2019 levels until 2024-25
Whitbread's hotels currently less than one third full during lockdown
Up until the end of November, accommodation sales were down 55% with occupancy at just over 49%
Whitbread downgraded as Peel Hunt gets its reductions in early
“Our new forecasts are bottom of the current range, and we do not expect investors to be surprised given the post-Christmas lockdowns"
Whitbread heading for battle with landlords as it asks for 50% rent holiday
The letter was sent before new Tier-4 restrictions were imposed on London and the south-east f
Whitbread a ‘buy’, Intercontinental Hotels, On the Beach down to ‘underperform’ after Jefferies looks at vaccine effect
Analysts assumed that UK restrictions will be lifted by the third quarter next year
Hotels and food chains to be among firms hardest hit by pandemic downturn, says Whitehall report
An unpublished dossier indicates that the accommodation and food services sector could experience a 26% decline in GDP in the first quarter of 2021 on top of a 68% plunge for the whole of 2020
Whitbread downgraded to sell as Deutsche Bank worries about UK
Britain is facing strong operating uncertainty for the next few months says the German bank
Whitbread gets boost from Barclays upgrade to 'overweight' from 'equal-weight'
The bank called the group "one of the most attractive recovery plays in the sector" following this week's coronavirus (COVID-19) vaccine news
Analysts book into one big hotel company and check out of another
Citi likes the look of Premier Inns, while UBS has downgraded the owner of Holiday Inns
Whitbread swings to interim loss but continues expansion in Germany
Since reopening its hotels in July, UK performance has been ahead of the market but winter trading remains uncertain
Whitbread worth buying for the value of its property alone, says broker
Last month, the Premier Inns and Beefeater owner said it is axing 6,000 jobs, or 18% of its hotel and restaurant staff
Whitbread to cut 6,000 jobs despite raising £1bn and using furlough scheme
“September and October are traditionally a period when business bookings pick-up after the quiet summer period, however at this point it is too early to assess the impact of COVID-19,” the company said