Whitbread
Premier Inn to offset inflation through higher room rate
Premier Inn owner Whitbread has said it expects to be able to offset inflation through growth and higher room rates in its third quarter trading update.
Premier Inn owner looks to 2022 recovery as losses narrow
Premier Inn owner Whitbread has said UK like-for-like revenue per available room (revpar) could fully recover at some point in 2022 as it reported a £56.6m pre-tax loss for the first half of its 2022 financial year, compared to £367.4m[...]
Pandemic sees Premier Inn owner plunged into a loss
Hospitality groups see share surge following roadmap announcement
Whitbread undergoes debt refinancing
Whitbread to open Premier Inn, Hub and Bar + Block in Paddington
Whitbread reports market share gains despite challenging conditions
Premier Inn owner Whitbread has reported its total UK accommodation sales were down 55.2% with occupancy[...]
Whitbread seeks 50% reduction in December quarter’s rent from landlords
Premier Inn owner Whitbread has written to around 200 of its landlords seeking a 50% reduction[...]
Whitbread snaps up two Travelodge hotels
Premier Inn owner Whitbread has exchanged contracts to convert two Travelodge hotels into Premier Inns.
Whitbread says number of redundancies expected to be ‘significantly less’ than 6,000
Premier Inn owner Whitbread has said the number of redundancies across the business is expected to[...]
Boost to hotel company share prices on news of possible Covid vaccine
Hotel companies were among a plethora of businesses worldwide which celebrated the news of a breakthrough in a vaccine for Covid-19 with a boost to today’s share prices. "
Premier Inn owner Whitbread drops to £724.7m loss
Premier Inn owner Whitbread has dropped from a £219.9m pre-tax profit in its 2020 financial year to a statutory loss of £724.7m in its interim first half results of 2021.
Premier Inn owner Whitbread to cut 6,000 jobs following sales decline
Premier Inn operator Whitbread will cut up to 6,000 jobs after reporting a year-on-year decrease in sales of more than 75% in the first half of the year, due to the closure of properties during the Covid-19 lockdown.
Whitbread successfully completes £1b rights issue
Premier Inn owner Whitbread announced earlier today that it has successfully completed a £1b rights issue[...]
Whitbread gets green light to rebuild fire-damaged Premier Inn
Premier Inn owner Whitbread has been granted planning permission to rebuild a hotel and restaurant in[...]
Whitbread seeks to raise £1b through rights issue
Premier Inn owner Whitbread has announced its intention to raise £1b through a rights issue to[...]
Whitbread keeps employees on full pay until government support kicks in
Whitbread has said all its employees remain on full pay before “a significant number” are placed[...]
Whitbread reports good F&B but marginally declining accommodation sales
Premier Inn parent company Whitbread has reported a “solid” third-quarter performance, with total sales growth of 1%, but is taking a "cautious approach" to hotel demand."
Whitbread wins appeal for Marylebone Hub by Premier Inn hotel
Whitbread has won its appeal to build a 294-bedroom Hub by Premier Inn hotel on Old Marylebone Road in London.
Whitbread to develop £17m Premier Inn in Swindon
Whitbread and Swindon Borough Council have agreed a deal which could see the development of a new £17m, 197-bedroom Premier Inn hotel.
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