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Whitbread

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Premier Inn to offset inflation through higher room rate

13 January 2022 by

Premier Inn owner Whitbread has said it expects to be able to offset inflation through growth and higher room rates in its third quarter trading update.

News

Premier Inn owner looks to 2022 recovery as losses narrow

26 October 2021 by

Premier Inn owner Whitbread has said UK like-for-like revenue per available room (revpar) could fully recover at some point in 2022 as it reported a £56.6m pre-tax loss for the first half of its 2022 financial year, compared to £367.4m[...]

Pandemic sees Premier Inn owner plunged into a loss News

Pandemic sees Premier Inn owner plunged into a loss

27 April 2021 by
Hospitality groups see share surge following roadmap announcement News

Hospitality groups see share surge following roadmap announcement

24 February 2021 by
Whitbread undergoes debt refinancing News

Whitbread undergoes debt refinancing

04 February 2021 by
Whitbread to open Premier Inn, Hub and Bar + Block in Paddington News

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

03 February 2021 by

Whitbread reports market share gains despite challenging conditions News

Whitbread reports market share gains despite challenging conditions

14 January 2021 by

Premier Inn owner Whitbread has reported its total UK accommodation sales were down 55.2% with occupancy[...]

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

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

22 December 2020 by

Premier Inn owner Whitbread has written to around 200 of its landlords seeking a 50% reduction[...]

Whitbread snaps up two Travelodge hotels News

Whitbread snaps up two Travelodge hotels

16 November 2020 by

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 News

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

12 November 2020 by

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

News

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

Hotel companies were among a plethora of businesses worldwide which celebrated the news of a breakthrough in a vaccine for Covid-19 with a boost to today’s share prices. "

09 November 2020 by
Premier Inn owner Whitbread drops to £724.7m loss News

Premier Inn owner Whitbread drops to £724.7m loss

27 October 2020
by

Premier Inn owner Whitbread has dropped from a £219.9m pre-tax profit in its 2020 financial year to a statutory loss of £724.7m in its interim first half results of 2021.

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

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

22 September 2020
by

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.

Whitbread successfully completes £1b rights issue News

Whitbread successfully completes £1b rights issue

10 June 2020 by

Premier Inn owner Whitbread announced earlier today that it has successfully completed a £1b rights issue[...]

Whitbread gets green light to rebuild fire-damaged Premier Inn News

Whitbread gets green light to rebuild fire-damaged Premier Inn

26 May 2020 by

Premier Inn owner Whitbread has been granted planning permission to rebuild a hotel and restaurant in[...]

Whitbread seeks to raise £1b through rights issue News

Whitbread seeks to raise £1b through rights issue

21 May 2020 by

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 News

Whitbread keeps employees on full pay until government support kicks in

24 March 2020 by

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

News

Whitbread reports good F&B but marginally declining accommodation sales

Premier Inn parent company Whitbread has reported a “solid” third-quarter performance, with total sales growth of 1%, but is taking a "cautious approach" to hotel demand."

16 January 2020 by
Whitbread wins appeal for Marylebone Hub by Premier Inn hotel News

Whitbread wins appeal for Marylebone Hub by Premier Inn hotel

19 December 2019
by

Whitbread has won its appeal to build a 294-bedroom Hub by Premier Inn hotel on Old Marylebone Road in London.

Whitbread to develop £17m Premier Inn in Swindon News

Whitbread to develop £17m Premier Inn in Swindon

04 November 2019
by

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

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