Whitbread urges shareholders to vote against appointment of Corvex partner to board
19th Oct 2026 14:11
(Sharecast News) - Whitbread urged investors on Monday to vote against Corvex Asset Management's resolution to appoint one of its partners to the board, insisting that the activist investor's proposals are not a "superior alternative" to the company's five-year plan.
Read moreWhitbread H1 profit hit by turnaround costs but FY outlook backed
13th Oct 2026 07:53
(Sharecast News) - Whitbread reported a fall in first-half profit on Tuesday as it took a hit from costs associated with its strategic review and 'Accelerating Growth Plan', but the Premier Inn owner backed its outlook for the year.
Read moreWhitbread shareholder Corvex pushes for board seat
22nd Sep 2026 11:48
(Sharecast News) - Activist investor Corvex Management has called on Whitbread to hold a general meeting to vote on appointing Corvex partner James Gemmel to the Premier Inn owner's board, escalating pressure on the company over its strategy and capital allocation.
Read moreBernstein upgrades Whitbread to 'market perform', says 5-year plan is 'realistic'
18th Aug 2026 09:49
(Sharecast News) - Bernstein upgraded Whitbread on Tuesday to 'market perform' from 'underperform' and lifted the price target to 2,400p from 2,100p as it said the company's new five-year plan was "realistic" and it's time to adopt a "more constructive stance".
Read moreWhitbread backs FY outlook, UK forward bookings ahead of last year
18th Jun 2026 08:02
(Sharecast News) - Premier Inn owner Whitbread backed its full-year outlook on Thursday as it said forward bookings in the UK remain ahead of last year, supported by peak leisure bookings.
Read moreBerenberg cuts Whitbread target price, flags ambitious five‑year plan
1st Jun 2026 08:58
(Sharecast News) - Berenberg lowered their target price on Premier Inn owner Whitbread from 2,900p to 2,280p on Monday as it said the firm had delivered the operational "reset" it had outlined earlier in the year, but argued that the company's new five‑year plan still relies on ambitious assumptions and remains heavily weighted toward later years.
Read moreActivist hedge fund Corvex urges Whitbread to put itself up for sale
18th May 2026 09:50
(Sharecast News) - Activist hedge fund Corvex Management has urged Premier Inn owner Whitbread to put itself up for sale.
Read moreWhitbread to cut 3,800 jobs as part of new five-year plan
30th Apr 2026 08:33
(Sharecast News) - Whitbread announced a new five-year plan on Thursday that will involve the sale and leaseback of £1.5bn of its freehold properties, target £2bn of free cash flow, and result in the loss of around 3,800 jobs as it does away with its chain of branded restaurants.
Read moreWhitbread planning £1.5bn hotel selloff - report
27th Apr 2026 08:56
(Sharecast News) - Premier Inn owner Whitbread is reportedly planning to sell a swathe of hotels to unlock £1.5bn for shareholders.
Read moreDirector dealings: Whitbread chairwoman makes share purchase
17th Feb 2026 14:35
(Sharecast News) - Whitbread revealed on Tuesday that chairwoman Christine Hodgson had acquired 7,750 ordinary shares in the FTSE 100-listed hotel and restaurant company.
Read moreBerenberg downgrades Whitbread, upgrades IHG
20th Jan 2026 13:15
(Sharecast News) - Berenberg downgraded Premier Inn owner Whitbread on Tuesday to 'hold' from 'buy', as it said the company has been the victim of exogenous factors outside of its control that have left the five-year plan out of reach.
Read moreWhitbread reiterates outlook on strong accommodation sales
13th Jan 2026 07:00
(Sharecast News) - Hospitality group Whitbread reiterated its full-year outlook on Tuesday, after solid demand for hotel stays during the third quarter helped offset weaker food and drink sales.
Read moreActivist investor Corvex calls for strategic review at Whitbread
18th Dec 2025 10:55
(Sharecast News) - Corvex Management has called for a strategic review at Whitbread after the activist investor took a position in the Premier Inn owner, it was confirmed on Thursday.
Read moreJefferies downgrades Whitbread, upgrades IHG
12th Dec 2025 09:32
(Sharecast News) - Jefferies downgraded Whitbread to 'hold' from 'buy' on Friday as it applied the reverse upgrade to InterContinental Hotels.
Read moreWhitbread shares slide on broker downgrade, Budget hit
28th Nov 2025 12:03
(Sharecast News) - Shares in Whitbread fell sharply on Friday on a broker downgrade and the Premier Inn owner's forecast that increases in property taxes introduced in the Budget would cost an extra £40m-50m in 2027.
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