Whitbread Hotel

Whitbread is plotting further growth in its Premier Inn hotel chain even as tough conditions on the high street and rising costs hit its Costa Coffee arm in the UK.

Whitbread PLC is a multinational hotel, coffee shop and restaurant company headquartered in Houghton Regis, Bedfordshire, United Kingdom.The company has its origins in brewing.

The FTSE 100 closed down 24.47 points at 7700.96, as a stronger pound hit the big exporters and earnings updates disappointed traders.

Whitbread PLC is a multinational hotel, coffee shop and restaurant company headquartered in Houghton Regis, Bedfordshire, United Kingdom.The company has its origins in brewing.

Whitbread has hailed market-beating performances by its top brands Premier Inn and coffee chain Costa for delivering a chunky increase in profits.

Premier Inn owner Whitbread has seen sales at Costa Coffee bounce back, but said conditions remain difficult for its hotels and restaurants. The group cheered a "good start" to its financial year for the coffee chain as it posted a 2.6%.

This massive hotel is going to suck something like £4m out of the local economy, which would otherwise be spent and go round and round – it’s going to go to Whitbread shareholders. They’re going to sell 10 local occupancy houses, which.

The British leisure company Whitbread said it might sell its luxury Marriott U.K. hotels, raising hopes it could return more than £1 billion ($1.9 billion) to investors and setting off an 8 percent gain in its share price. A sale of its 52 hotels would.

Alison Brittain, chief executive of Whitbread, said: “Costa has started the year well and Premier Inn continues to win share, albeit in a weaker-than-expected hotel market. “Although it is early in our new financial year, and despite current.

Whitbread is plotting further growth in its Premier Inn hotel chain even as tough conditions on the high street and rising costs hit its Costa Coffee arm in the UK.

Whitbread (WTB) has raised its sales in the first half of the year, helped by buoyant performances at Costa Coffee and hotel chain Premier Inn. The company, which also runs pub restaurants such as Brewers Fayre, said total sales rose.

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These are external links and will open in a new window Whitbread, Britain’s biggest hotel and coffee shop operator, saw pre-tax profits rise 15.2% to £174.9m in the six months to 1 September. The company behind the Premier Inn and.

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Investors were impressed with their first look at Whitbread’s new compact hotel, but don’t see the move adding to the hotel and coffee chain’s earnings anytime soon. Whitbread unveiled its ‘hub by Premier Inn’ concept hotel earlier this.

Jan 26 (Reuters) – The head of Whitbread Plc, the owner of Premier Inn hotels and the Costa Coffee chain, said the company would stick to its plans to expand in the London hotels market despite reporting a slowdown there. The FTSE.

Whitbread P.L.C., the British hotel, food retailing and brewing group, said yesterday that it would sell 13 hotels to the Regal Hotel Group for $:64.5 million ($104.8 million). Whitbread ranks as the fourth-biggest brewer, and second.

Tessa Sanderson’s marathon row with her great javelin thrower rival has been re-ignited by Fatima Whitbread going into the Australian jungle on ITV show I’m A Celebrity.

The group, which reports full-year results on Tuesday, has been running a number of trials at its hotels division. Andy Harrison, chief executive of Whitbread, is on Tuesday expected to spell out his ambitions for both Premier Inn and.

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City stalwart Adam Crozier will bring his no-nonsense management style to Costa Coffee and Premier Inn owner Whitbread after being hired as its new chairman.

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Hotel and restaurant group Whitbread has bought the Coffee Nation brand with a view to launching self-service coffee machines under the name Costa Express. Whitbread, which already owns Costa Coffee, is paying £59.5m for the.

Premier Inn is the UK’s largest hotel chain. We are growing rapidly across the UK because of the excellent combination of quality, value, locations and.

Whitbread has posted a 5.4% increase in interim profits on the back of strong growth in the Costa Coffee and Premier Inn hotel chains. Underlying profit before tax came in at £307m ($375m) for the six months to 1 September, up from.

Whitbread Plc, Britain’s biggest hotel and coffee shop operator, said on Wednesday it had bought 19 hotels in Germany to expand its business beyond its base of.

Oct 24, 2017  · Shares in Whitbread fall nearly 5% as sales growth at its Costa coffee chain slows.

Whitbread (WTB) on Tuesday announced the launch of its new hotel concept, "hub by Premier Inn". This is a smaller-room hotel, of 11.4 square metres, and is targeted towards customers who value price, location and design over space.

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Whitbread is the UK’s leading hotel and coffee shop operator With over 50,000 employees who are passionate about making everyday experiences special for our millions of customers both in the UK and overseas.

Tessa Sanderson’s marathon row with her great javelin thrower rival has been re-ignited by Fatima Whitbread going into the Australian jungle on ITV show I’m A Celebrity.

Whitbread has announced plans to begin. However, this news comes relatively soon after the company opened a hotel in Yogyakarta and debuted in Surabaya – both in May this year. Premier Inn’s original expansion strategy also.

History. The chain started trading in 1987 as Travel Inn.The first site to open was next to "The Watermill" Beefeater restaurant in Basildon. In 2004, Whitbread acquired another hotel chain, Premier Lodge, for £536 million.

Whitbread has hailed market-beating performances by its top brands Premier Inn and coffee chain Costa for delivering a chunky increase in profits. Premier Inn benefited from the UK’s shift towards ‘strong branded hotels’ as it overcame a.

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LONDON (Reuters) – The return of business travellers and tourists lifted revenues for Britain’s Whitbread (LSE:WTB) at its Premier Inn London hotels this summer, despite expectations of a slump after last year’s Olympics, though conditions.

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Whitbread Plc, Britain’s biggest hotel and coffee shop operator, said on Wednesday it had bought 19 hotels in Germany to expand its business beyond its base of.

Like-for-like sales at Whitbread’s budget hotel chain Premier Inn rose 10.1pc, and operating profit climbed 24.4pc to £159m. The company increased its occupancy to 79.3pc in the half, close to its long-term target of 80pc, after.

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LONDON (Reuters) – Whitbread (WTB.L) is to expand into Germany after record demand for rooms at its Premier Inn hotels and a strong performance from the Costa Coffee chain gave the British group the confidence to take its business.

Premier Inn is the UK’s largest hotel chain. We are growing rapidly across the UK because of the excellent combination of quality, value, locations and.

History of Bedfordshire. The town of Bedford was founded by the Danes; they made a burh or fortified settlement north of the River Great Ouse by a ford.

History. The chain started trading in 1987 as Travel Inn.The first site to open was next to "The Watermill" Beefeater restaurant in Basildon. In 2004, Whitbread acquired another hotel chain, Premier Lodge, for £536 million.