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.
Whitbread plots sale of underperforming restaurant and pub sites Retail Whitbread, the owner of Premier Inn Hotels, has drafted in advisers to sell around a third of its worst performing Beefeater and Brewers Fayre pubs, The Times has reported.
Whitbread: Premier Inn owner keeps beating rivals as London hotel occupancy soars Premier Inn Whitbread said overall food and beverage sales for the third quarter was at £187.9m, lower than the previous two quarters
Hotel investments plunge to lowest level since 2012 as high costs bite January 8, 2024 Despite the slowdown, foreign investors continued to express interest in the market with 39 per cent of all deals involving overseas buyers, particularly in London
Premier Inn owner Whitbread launches another £300m share buyback as revenues soar October 18, 2023 Premier Inn owner Whitbread has announced plans to complete a new £300m share buy back scheme as it budget hotel business continues to rack in heft profits. The no frills hotel chain just completed an identical buy back at the start of October, but said it is in strong shape to launch a second consecutive [...]
Whitbread pockets £2.6bn revenue: Premier Inn owner’s shares soar five per cent despite ‘most challenging’ period April 25, 2023 Whitbread said its earnings returned to pre-pandemic levels with the Premier Inn owner’s bottom line boosted by Brits embracing more leisure and travel. Whitbread, which also owns restaurants Beefeater and Bar+Block, reported revenues of £2.6bn for the year to March 2023, up 54 per cent from £1.7bn the previous year. Whitbread (WTB) shares soared nearly [...]
Premier Inn owner Whitbread’s new CEO will join from Domino’s in January December 5, 2022 Premier Inn owner Whitbread has announced its new CEO Dominic Paul will join in January. Paul, who has been chief executive at Domino’s Pizza for almost three years, will join its Board on 17 January, taking over from outgoing chief executive Alison Brittain. It was announced in June he would be the next head of [...]
From Premier Inn to Premier League: Outgoing Whitbread boss Alison Brittain is new football chair July 26, 2022 The Premier League has announce its new chair as the outgoing CEO of Premier Inn-owner Whitbread, Alison Brittain. The businesswoman was voted for “unanimously” by the football organisation board’s nomination’s committee as the successor to outgoing chair Gary Hoffman. She will take over from interim leader, Peter McCormick, in early 2023. Brittain, who announced her [...]
High street moves: Whitbread boss Alison Brittain set to join Dunelm board July 21, 2022 Whitbread’s outgoing boss Alison Brittain is set to take on a non-executive director role at homeware brand Dunelm. Brittain will join the Dunelm board in early September, with it expected that she will succeed Andy Harrison as chair in September 2023. Brittain announced she was departing from the Premier Inn owner and FTSE-100 business earlier [...]
Premier Inn-owner Whitbread selects Domino’s Pizza chief to head up hospitality giant June 29, 2022 Premier Inn owner Whitbread has selected Domino’s Pizza boss Dominic Paul as its new chief executive. Paul will leave his role at Domino’s Pizza in December 2022, the pizza chain confirmed on Wednesday. He will step into the shoes of Alison Brittain, who has overseen the historic 280-year-old company over the past six years. Paul headed [...]