Premier Inn owner Whitbread raises dividend despite slower growth hospitality Premier Inn and Beefeater owner Whitbread has raised its interim dividend and announced a share buyback despite flat revenue. The hotel and restaurant chain told markets this morning that revenue was unchanged year on year in the six months ended 29 August at £1.57bn. It has raised its interim dividend seven per cent to 36.4p [...]
Premier Inn owner Whitbread hails improved Germany sales as London bookings falter HOSPITALITY Premier Inn and Beefeater owner Whitbread saw sales at its German hotels improve slightly, partially offsetting its stagnant occupancy rates in the UK.
Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business Hospitality Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.
Travelodge owner looks to buy £40m of landlord hotels amid sale speculation April 28, 2024 The owners of Travelodge are reportedly mulling buying £40m of hotels from their landlords, fuelling speculation the business could be sold.