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...Smalley, whose career includes a stint as HR director at Whitbread, joined AG Barr’s board last June. The near-150-year-old business is going through a transformation....
...Whitbread’s shares have climbed by a third over the past year, helped by a resilient UK leisure market....
...Whitbread declined to comment....
...Holding Whitbread shares can get you a free breakfast in a Premier Inn. As for the investments themselves, too many factors come into play and the sample is too small to be conclusive....
...BUY: Whitbread (WTB) A recovering hotel market plays a big role in Whitbread’s outperforming results, writes Julian Hofmann....
...Both Stonegate, which is looking to sell about 1,000 pubs, and Whitbread, which is looking to dispose of about 250 sites, have yet to find buyers after putting them up for sale earlier this year....
...Whitbread believes it can make a 10 to 14 per cent return on £1bn invested so far....
...Whitbread posted revenues of £2.6bn in the year to early March, up from almost £2.1bn the year before the pandemic....
...In June, Whitbread estimated full-year costs would amount to between £20mn and 30mn....
...It is a good place for Whitbread to expand. Whitbread does not expect its Strand hotel to open until 2027....
...Dominic Paul, who has led Domino’s in the UK since 2020, was a managing director of Costa Coffee, which Whitbread sold to Coca-Cola in 2018....
...“We are optimistic that the full-year outlook in Germany is improving,” Whitbread said....
...For example, hotel operator Whitbread was under investor pressure for years concerning its fast-growing café chain. It finally sold the Costa Coffee brand to Coca-Cola for $5.1bn in 2019....
...Whitbread, the UK’s largest budget hotel operator, has warned that it is likely to raise prices this year to cope with a surge in staff and energy costs....
...The former chief executive of Whitbread now owns just shy of £1mn worth of shares in Segro....
...Brittain said the struggle to recruit staff was not holding up Whitbread’s expansion plans....
...If my pay had increased 40 per cent last year to £2.5mn, like Formica’s did, or doubled to £2.2mn, like that of Alison Brittain, who is leaving as chief executive of hospitality group Whitbread, I would...
...Fridays has had a presence in the UK since 1986, initially under Whitbread’s (WTB) ownership. Most (68 per cent) of its sites are now based on retail parks or in shopping centres....
...Long before Google and its ilk brought dual-class shares to public markets, Britain plc routinely disenfranchised swaths of the investor base....
...The English Premier League has hired outgoing Whitbread chief Alison Brittain as its new chair. Barclays has named JPMorgan Chase veteran Enrico Massaro as head of its consumer and retail group....
...When Elliott went into Whitbread in 2018, it was not particularly pugnacious....
...Premier Inn owner Whitbread said that trading in the UK had been “resilient” over the Christmas period despite disruption to plans from Omicron, though the rate of sales growth compared with two years ago...
...Whitbread shares were down about 3 per cent in morning trade....
...Whitbread, the Premier Inn owner, said that while market uncertainties remain its sales recovery since lockdown restrictions were lifted has been ahead of both analysts’ expectations and the market trend...
...He will step down from his positions at Asos and Sony later this year but stay on as Whitbread chair....
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