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WTB Whitbread Plc

3,314.00
31.00 (0.94%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Whitbread Plc LSE:WTB London Ordinary Share GB00B1KJJ408 ORD 76 122/153P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  31.00 0.94% 3,314.00 3,333.00 3,335.00 3,357.00 3,277.00 3,292.00 652,160 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels 2.64B 278.8M 1.4465 23.04 6.42B
Whitbread Plc is listed in the Hotels And Motels sector of the London Stock Exchange with ticker WTB. The last closing price for Whitbread was 3,283p. Over the last year, Whitbread shares have traded in a share price range of 2,817.00p to 3,714.00p.

Whitbread currently has 192,736,972 shares in issue. The market capitalisation of Whitbread is £6.42 billion. Whitbread has a price to earnings ratio (PE ratio) of 23.04.

Whitbread Share Discussion Threads

Showing 2401 to 2425 of 2425 messages
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older
DateSubjectAuthorDiscuss
28/3/2024
13:46
The boss of Travelodge has said it could see a boost from Taylor Swift and AC/DC concerts this summer after it posted record revenues for last year.

However, the budget hotel chain saw softer sales growth at the start of 2024, amid a quieter period for both business and leisure travel.

Jo Boydell, chief executive of the business, said it was nonetheless “encouraged” by the rise, of around 2% at the start of the year, and stressed that bookings are ahead of levels seen a year earlier.

The boss told the PA news agency that the hotel group is optimistic that growth can improve further through the year, with potential boosts from sporting and cultural events.

“We have solid bookings for Easter and beyond this year”, Ms Boydell said.

“There are plenty of events we are looking forward to, like the Lionesses at Wembley, we are seeing positive sales around the Grand National and FA Cup semi-finals.

“In the summer we also have big concerts like Taylor Swift and AC/DC that people will be booking for.”

The chief executive said the company is tapping into demand from leisure and business customers “for strong value”, after increases in the cost-of-living.

Nevertheless, she said Travelodge could increase prices again later this year amid cost inflation of between 5% and 6%.

It came as the firm said it posted a statutory profit for 2023, as earnings grew by 14.6% to £243.9 million.

Meanwhile, revenues jumped by 13.7% to £1.04 billion for the year.

It hailed strong customers demand as events such as Wimbledon helped to spark record London revenues.

Sales were also supported by strong demand around Eurovision and the significant recovery in face-to-face business conferences.

Ms Boydell added: “I am delighted that Travelodge has delivered another record performance in 2023, with revenue above £1 billion for the first time.

“Our results reflect the hard work and commitment of our teams and the underlying strength of our business.”

philanderer
28/3/2024
11:40
Absolutely, on Ian King live right now.

Results due here in around 4 weeks time.

Divmax have penned in Tuesday 23 April 2024, St George's Day.

bountyhunter
28/3/2024
10:17
Read across from today's good Travelodge numbers.
philanderer
27/3/2024
00:47
Whitbread to transform an underground car park into a hub hotel by Premier Inn in London
philanderer
26/3/2024
13:16
Just realistic - based on challenges for the UK pub industry.

In the wider scheme of things for WTB, it's not significant, except perhaps on a short term sentiment basis.

Performance of PI is the key.

essentialinvestor
26/3/2024
08:31
That's in your humble opinion. I'll leave it to the professionals to lead on this one ;-)

It's not like you to post something negative.

tlobs2
25/3/2024
16:02
* because buyers will be queuing up for those sites, not!.
essentialinvestor
25/3/2024
15:47
"Bosses have instructed adviser Christie & Co to sell between 30 and 50 of its worst-performing sites"

If they're not returning the profits that WTB are looking for, I'd get rid and re-invest elsewhere.

tlobs2
24/3/2024
19:09
Dartboard, same here.
philanderer
24/3/2024
17:23
Not sure I understand the idea of offloading the pubs. They will lose control of the breakfast quality. Will they have an agreement with the new owner that hotel guests come in and they recharge premier inn. What if the new owner shuts it down and converts the property. Not sure i would stay in a hotel without a breakfast option.
dartboard1
24/3/2024
11:59
Whitbread is set to sell or convert a third of its Beefeater and Brewers Fayre pubs estate after a private equity swoop collapsed.

hxxps://www.thetimes.co.uk/article/whitbread-takes-the-axe-to-beefeaters-and-brewers-fayre-pubs-xqcq33gdn

libertine
22/3/2024
14:31
May be relevant to the last few months weakness, people feeling poorer.


German house prices suffer record plunge

German house prices have fallen at a record pace


Record fall in German house prices as gloom engulfs Europe’s biggest economy

philanderer
21/3/2024
08:58
Why not!....there's been week or so to shake out some loose holders,interest rate cuts in prospect,technically built base around £32,results soon that may dispel fears.
steeplejack
21/3/2024
08:53
Why the bounce today ?
herewegouk
21/3/2024
08:32
All that panicking/doom and gloom for no reason at all ;-)
tlobs2
20/3/2024
09:54
This may not happen...IF available around the December '23 low (just under £31) might give an interesting buy area - barring something calamitous with the April FY outlook.
essentialinvestor
19/3/2024
13:35
Macro outlook is hardly great, Europe PMI's awful, particularly Germany.

However, in terms of the share price,
it's worth noting WTB is often prone is fat % moves over a short timeframe. Pretty standard fare - but if they warn on the outlook then likely under £30.

The meaty BOD Sell made me cautious (I highlighted it at the time) but looking to buy back in.

essentialinvestor
19/3/2024
10:04
Basically I think Whitbread is an excellent company doing the right things. I am just a trifle concerned by the recent price action and the possible reasons for it.
srichardson8
19/3/2024
09:24
Fair to flag up, whether discounted in the current share price we shall soon find out.

I've not bought back in yet, but getting tempted.

essentialinvestor
19/3/2024
09:16
I of course read this but please note the dates.
srichardson8
19/3/2024
09:06
srichardson8, read the most recent communication from the company on their performance......


RNS Number : 3136Z

Whitbread PLC

11 January 2024

Continued strong performance in the UK and encouraging performance in Germany

Throughout this release percentage growth comparisons are comparing Q3 FY24 performance for the 13 weeks to 30 November 2023 to the same period in FY23, unless stated otherwise.

Q3 FY24 highlights

-- Premier Inn UK:
o Total accommodation sales up 11% with strong demand in both London and the Regions

o Total RevPAR up 9% and up 39% versus FY20 with high occupancy and strong pricing

o Continued outperformance versus the midscale and economy ('M&E') sector with an increased RevPAR premium of GBP6.06 (Q3 FY23: GBP4.48)(1)

o Food and beverage ('F&B') continued to perform well with sales up 6%

-- Premier Inn Germany:
o Total accommodation sales up 47%(2) , led by the continued expansion of our estate

o Total estate RevPAR was EUR60 and RevPAR of our more established hotels was EUR66, in line with the wider M&E market

-- GBP300m share buy-back: on-track with 6.8m shares purchased so far for a total consideration of GBP226m

tlobs2
18/3/2024
18:46
But those are not exactly news within the recent timeframe.
bountyhunter
18/3/2024
14:49
How About

Minumum Wage Increase
Rotten weather, poor early Q1 trading (possibly)
Weak German Economy

as factors. I can't think of any others and hope that the price weakness is wrong and overdone. But it has bothered me.

srichardson8
15/3/2024
09:10
I'm pretty sure these "experts" put their price targets out based on their large corporate customers buying and selling requirements ;-)
tlobs2
14/3/2024
14:32
yes, and it's a major reversal. In January (I think) we had Peel Hunt with target 4,000p, and Goldman Sachs 4,650, and in February Jefferies with 4,400p. There could be fears of a drop in REVPAR, and an adverse effect from weaker German economy, but I think will those will not be enough to derail the good long-term strategy.
(who are Bernstein, by the way)

bigbertie1
Chat Pages: 97  96  95  94  93  92  91  90  89  88  87  86  Older

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