Whitbread

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Pandemic sees Premier Inn owner plunged into a loss

27 April 2021 by Katherine Price

The effects of the pandemic on Premier Inn owner Whitbread have become apparent in the group’s 2021 financial year results with a statutory pre-tax loss of £1b.

Hospitality groups see share surge following roadmap announcement

24 February 2021 by Katherine Price

Several hospitality groups saw shares spike following Monday’s reopening roadmap confirmation, including IHG Hotels & Resorts, Whitbread and Fuller’s.

Whitbread undergoes debt refinancing

Whitbread undergoes debt refinancing

04 February 2021 by Katherine Price

Whitbread to open Premier Inn, Hub and Bar + Block in Paddington

Whitbread to open Premier Inn, Hub and Bar + Block in Paddington

03 February 2021 by Katherine Price

Whitbread reports market share gains despite challenging conditions

Whitbread reports market share gains despite challenging conditions

14 January 2021 by Katherine Price

Whitbread seeks 50% reduction in December quarter’s rent from landlords

Whitbread seeks 50% reduction in December quarter’s rent from landlords

22 December 2020 by Katherine Price

Whitbread snaps up two Travelodge hotels

Whitbread snaps up two Travelodge hotels

16 November 2020 by Katherine Price

Premier Inn owner Whitbread has exchanged contracts to convert two Travelodge hotels into Premier Inns.

Whitbread says number of redundancies expected to be ‘significantly less’ than 6,000

Whitbread says number of redundancies expected to be ‘significantly less’ than 6,000

12 November 2020 by Katherine Price

Premier Inn owner Whitbread has said the number of redundancies across the business is expected to[...]

Boost to hotel company share prices on news of possible Covid vaccine

Boost to hotel company share prices on news of possible Covid vaccine

09 November 2020 by Janet Harmer

Hotel companies were among a plethora of businesses worldwide which celebrated the news of a breakthrough[...]

Premier Inn owner Whitbread drops to £724.7m loss

Premier Inn owner Whitbread drops to £724.7m loss

27 October 2020 by Katherine Price

Premier Inn owner Whitbread has dropped from a £219.9m pre-tax profit in its 2020 financial year[...]

Premier Inn owner Whitbread to cut 6,000 jobs following sales decline

Premier Inn operator Whitbread will cut up to 6,000 jobs after reporting a year-on-year decrease in sales of more than 75% in the first half of the year, due to the closure of properties during the Covid-19 lockdown. "

22 September 2020 by Emma Lake

Whitbread successfully completes £1b rights issue

Whitbread successfully completes £1b rights issue

10 June 2020

by Katherine Price

Premier Inn owner Whitbread announced earlier today that it has successfully completed a £1b rights issue to ensure it emerges from the Covid-19 pandemic "with a strong balance sheet and in the best position possible".

Whitbread gets green light to rebuild fire-damaged Premier Inn

Whitbread gets green light to rebuild fire-damaged Premier Inn

26 May 2020

by Jennie Milsom

Premier Inn owner Whitbread has been granted planning permission to rebuild a hotel and restaurant in Bristol's Cribbs Causeway.

Whitbread seeks to raise £1b through rights issue

Whitbread seeks to raise £1b through rights issue

21 May 2020 by Katherine Price

Premier Inn owner Whitbread has announced its intention to raise £1b through a rights issue to[...]

Whitbread keeps employees on full pay until government support kicks in

Whitbread keeps employees on full pay until government support kicks in

24 March 2020 by Katherine Price

Whitbread has said all its employees remain on full pay before “a significant number” are placed[...]

Whitbread reports good F&B but marginally declining accommodation sales

Whitbread reports good F&B but marginally declining accommodation sales

16 January 2020 by Katherine Price

Premier Inn parent company Whitbread has reported a “solid” third-quarter performance, with total sales growth of[...]

Whitbread wins appeal for Marylebone Hub by Premier Inn hotel

Whitbread wins appeal for Marylebone Hub by Premier Inn hotel

19 December 2019 by Katherine Price

Whitbread has won its appeal to build a 294-bedroom Hub by Premier Inn hotel on Old[...]

Whitbread to develop £17m Premier Inn in Swindon

Whitbread and Swindon Borough Council have agreed a deal which could see the development of a new £17m, 197-bedroom Premier Inn hotel."

04 November 2019 by Katherine Price

Whitbread reports strong progress in challenging market despite profit fall

Whitbread reports strong progress in challenging market despite profit fall

22 October 2019

Whitbread said it continues to make strong strategic progress in challenging market conditions, despite reporting a decline in profits.

Acorns 2019: William Nisbet, 27

Acorns 2019: William Nisbet, 27

19 June 2019

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