Whitbread Share Discussion Threads

[danb45] 25/4/2024 20:58

tempted to top up before results tbh more money in UK pockets going forward is encouraging IMO ?

[dartboard1] 25/4/2024 19:50

PPHE reported today that Germany revenue was 'encouraging as the recovery continued' ... read through to Premier Inn Germany? Maybe not. Not the same market ... but sounds good ...

[bountyhunter] 25/4/2024 19:14

Possibly Germany as surely business has been booming over here as evidenced by comparators results recently? Or just a red herring with nothing to be concerned about.

[markm7] 25/4/2024 18:31

do you guys think this will pull up?
I should have sold six months ago.

[essentialinvestor] 25/4/2024 18:07

SP is strongly signalling FY guidance cut incoming - unless the market has this wrong.

Best guess is PI Germany will come in under consensus.

[philanderer] 25/4/2024 16:12

Can’t get a floor under this one.

[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.