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Premier Inn owner Whitbread warns of cost spikes as it returns to profit

Premier Inn owner Whitbread has warned that its costs will increase faster than expected this year as the war in Ukraine meant raw materials spiked in price. It upped its cost inflation forecasts to between 8% and 9%, an increase of one percentage ...

28 Apr 2022 at 11:55

City

Whitbread notches up hike in Premier Inn bookings

Premier Inn owner Whitbread has notched up a hike in sales amid strong demand for budget hotel stays and a rebound from 2021’s Covid-hit Christmas. The group said UK like-for-like accommodation sales rose 20.6% year-on-year in the 13 weeks to ...

12 Jan 2023 at 12:17

City

Premier Inn owner sees UK sales jump amid strong demand

Hotel bookings at Premier Inn soared between March and May, new figures from the company show. Whitbread, which owns the hotel chain, said that its accommodation business in the UK saw sales jump 18% over the period when compared to last ...

22 Jun 2023 at 07:42

Premier Inn owner Whitbread to cut 1,500 jobs amid restaurant chain closures

City

Premier Inn owner Whitbread cuts 1,500 jobs amid restaurant chain closures

Premier Inn owner Whitbread has revealed it is to axe around 1,500 jobs across the UK amid plans to slash its chain of branded restaurants by more than 200 in favour of building more hotel rooms. The group, which owns restaurants ...

30 Apr 2024 at 08:59

City

Whitbread sees profits tumble, but cheers recent trading pick-up

Premier Inn owner Whitbread has ramped up cost-saving efforts as its first half profits slumped by more than a fifth, but cheered improved trading in more recent weeks. The hotel and pub group, which also owns the Beefeater and ...

16 Oct 2024 at 12:39

Finding hotel rooms for under £100 a night is increasingly difficult – Which?

Finding a hotel room cheaper than £100 a night is becoming increasingly difficult, a consumer group has warned. A Which? survey of 5,300 of its members found the average price paid in the year to July was above that level at ...

28 Oct 2023 at 00:01

City

Eyes on signs of progress at Whitbread amid restructuring

Investors will be hoping hotel and pub owner Whitbread can reveal strong progress in a trading update next week amid a recent restructuring and tough market conditions. Shares in the FTSE 100 group have sagged over the past ...

11 Oct 2024 at 16:31

City

Whitbread cheers improving Premier Inn demand despite ‘softer’ weekends

Hotel and pub firm Whitbread has said trading improved across its UK Premier Inn hotels in recent weeks. Nevertheless, the London-listed firm said demand was “slightly softer” during the weekend in some areas, such as ...

18 Jun 2024 at 08:02

Britannia ranked UK’s worst hotel chain for 10th consecutive year

Britannia has been ranked the UK’s worst hotel chain for the 10th consecutive year. The company’s hotels rated just two stars out of five for categories such as cleanliness, bed comfort and value for money in the ...

09 Nov 2022 at 01:01

City

Hotel giants to give glimpse into consumer travel demand

Investors will get a glimpse into whether consumer demand for travel is holding up against cost-of-living pressures when the owners of Premier Inn and Holiday Inn unveil their latest financial results. The hotel ...

13 Oct 2023 at 15:45

Former Royal Marine’s prosthetic legs stolen from Premier Inn car park

A former Royal Marine said he “did not have the best start to my day” after a set of his prosthetic legs were stolen from a hotel car park. Mark Ormrod MBE took to social media to inform followers of the ...

10 Jan 2024 at 21:33

City

Premier Inn owner says rise in independent hotel closures has boosted its sales

The owner of Premier Inn has cheered a boost in sales as the chain said it was benefiting from a wave of independent hotels shutting down across the UK since the pandemic. Whitbread said there are fewer ...

18 Oct 2023 at 12:05

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