Whitbread Share Discussion Threads

[libertine] 18/4/2024 08:47

Financial Calendar
Upcoming events

30 APR 2024
FY24 Preliminary Results

18 JUN 2024
Q1 FY25 Trading Update

[essentialinvestor] 18/4/2024 01:09

Phil, that's been changed - said 25 April yesterday.

[philanderer] 18/4/2024 00:19

30 APR 2024 - FY24 Preliminary Results


18 JUN 2024 - Q1 FY25 Trading Update

[essentialinvestor] 17/4/2024 12:23

No bounce back, even on a better day for wider markets..

[essentialinvestor] 17/4/2024 01:02

25 April for FY results.

[philanderer] 17/4/2024 00:15

20% of the UK population of working age are not looking for work.

[essentialinvestor] 16/4/2024 19:57

They are betting big on Germany and guidance looked for break even in late 2024 - IF that is pushed back, the market may not react well.

[duckplaudits] 16/4/2024 19:48

We will know pretty soon. Q1 will always be relatively quiet in travel and hospitality in Europe. That noted it is unusual to have a relatively weak share price performance with out some underlying reason. I hope the weakness is overdone.

[essentialinvestor] 16/4/2024 18:22

It may be German macro that is weighing?.

[philanderer] 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.”

[bountyhunter] 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.

[philanderer] 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

[essentialinvestor] 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.

[tlobs2] 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.

[essentialinvestor] 25/3/2024 16:02

* because buyers will be queuing up for those sites, not!.

[tlobs2] 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.

[philanderer] 24/3/2024 19:09

Dartboard, same here.

[dartboard1] 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.

[libertine] 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

[philanderer] 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

[steeplejack] 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.

[herewegouk] 21/3/2024 08:53

Why the bounce today ?

[tlobs2] 21/3/2024 08:32

All that panicking/doom and gloom for no reason at all ;-)

[essentialinvestor] 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.