Premier Inn demand sees Whitbread FY profits surge
25th Apr 2023 07:24
(Sharecast News) - Premier Inn owner Whitbread on Tuesday said full-year earnings had soared above pre-pandemic levels on the back of strong demand for hotel rooms after the lifting of Covid-19 travel restrictions and unveiled a £300m share buyback.
Read moreTuesday preview: US house prices, Whitbread in the spotlight
24th Apr 2023 12:42
(Sharecast News) - Investors' attention on Tuesday would be on the US housing sector.
Read morePeel Hunt upgrades Whitbread to 'buy'
14th Apr 2023 09:10
(Sharecast News) - Peel Hunt upgraded Whitbread on Friday to 'buy' from 'add' and hiked the price target to 4,000p from 2,850p as it expects positive trading news from the company this year, starting with the prelims on 25 April.
Read moreJefferies raises target price on Whitbread
13th Jan 2023 14:11
(Sharecast News) - Analysts at Jefferies raised their target price on hotel operator Whitbread from £30 per share to £35 following what it called "a premier quarter".
Read morePremier Inn owner Whitbread posts jump in Q3 sales
12th Jan 2023 07:45
(Sharecast News) - Premier Inn owner Whitbread posted a jump in third-quarter sales on Thursday as it highlighted a strong performance in the UK and further progress in Germany.
Read moreWhitbread appoints industry veteran Karen Jones as non-exec director
9th Jan 2023 16:35
(Sharecast News) - Premier Inn owner Whitbread has appointed Karen Jones as a non-executive director with immediate effect.
Read moreSector movers: Travel, Retail and Mining pace gains
23rd Nov 2022 14:15
(Sharecast News) - Cyclicals including Travel and Leisure, as well as consumer staples, paced gains on the FTSE 350 in relatively flattish to mixed trading given the absence of many traders from their desks due to the Thanksgiving Day holiday in the US.
Read moreWhitbread H1 profits exceed pre-pandemic levels
25th Oct 2022 07:05
(Sharecast News) - Premier Inn parent company Whitbread said on Tuesday that interim profits had exceed pre-pandemic levels, leaving the group "significantly ahead" of the wider UK market.
Read moreJPM downgrades IHG to 'neutral', reiterates 'overweight' on Whitbread
26th Aug 2022 10:09
(Sharecast News) - JPMorgan Cazenove downgraded InterContinental Hotels Group on Friday but reiterated its 'overweight' rating on Premier Inn owner Whitbread as it took a look at EU hotels.
Read moreWhitbread buys freehold property on London's Strand
24th Aug 2022 08:19
(Sharecast News) - Premier Inn owner Whitbread has bought a prime freehold property on the Strand in central London, located just off Trafalgar Square, for over £200m.
Read moreWhitbread names Domino's Pizza's Dominic Paul as CEO
29th Jun 2022 11:55
(Sharecast News) - Premier Inn owner Whitbread named Dominic Paul as its next chief executive officer on Wednesday, succeeding outgoing CEO Alison Brittain.
Read moreWhitbread Q1 trading beats expectations
15th Jun 2022 07:00
(Sharecast News) - Trading at Whitbread beat expectations in the first quarter, the pubs and hotel operator said on Wednesday, as demand continued to rebound following the worst of the pandemic.
Read moreWhitbread raises cost inflation guidance as profits, dividend return
28th Apr 2022 07:45
(Sharecast News) - Premier Inn and pub operator Whitbread on Thursday swung to a forecast-beating full-year profit and resumed dividends, but raised guidance on cost inflation as the economic squeeze continued to hit consumers.
Read moreWhitbread appoints new CFO as Cadbury flies to IAG
27th Jan 2022 07:44
(Sharecast News) - Whitbread said it had appointed Hemant Patel as chief financial officer effective from March 21 as Nicholas Cadbury leaves to join British Airways owner IAG.
Read moreWhitbread hails 'resilient' UK third quarter despite Omicron
12th Jan 2022 07:32
(Sharecast News) - Premier Inn owner Whitbread hailed a "resilient" third-quarter performance in the UK on Wednesday despite the emergence of the Omicron variant, but said trading in pubs and restaurants remained more challenging.
Read more