Whitbread Share Discussion Threads

[commuter10] 16/1/2020 08:05

Thanks Bounty Hunter for then update as I'm considering buying some more shares myself. It also shows that there's still life after "Costa Coffee" & money in the coffers!

[bountyhunter] 16/1/2020 07:20

on track, 80,000 UK rooms with 20,000 in the pipeline

Germany going well with current target of 48 hotels there

cost cutting has offset higher industry costs

FY target maintained

"Our growth in Germany remains firmly on target as our confidence strengthens for the long-term market opportunity. We are pleased with the performance of all three hotels we have opened to-date, in Frankfurt, Hamburg and Munich, and continue to extend the total committed pipeline in Germany. The open plus committed pipeline now stands at around 8,500 rooms across 48 hotels, including 22 hotels from the Foremost Hospitality and AcomHotel acquisitions. We will be opening around 20 hotels through the course of 2020."

[skinny] 16/1/2020 07:10

.

Solid Third Quarter performance with total sales growth of 1.0%

· UK total sales growth 0.3% for the third quarter, marginally improving the year-to-date run rate

· Further development in Germany with open + committed pipeline extended to almost 50 hotels

· Good progress on optimising the UK network, including 19 hotels trialling Premier Plus rooms

· Efficiency programme progressing in line with plans and partially offsetting structural inflation

· Expect to deliver FY20 Results in-line with expectations


more.....

[bountyhunter] 15/1/2020 22:03

sounds positive, expecting a decent update at 7am followed by a bounce :)

my only concern is whether Brexit could affect the growth of the German business, hopefully not!

[philanderer] 15/1/2020 19:31

Thursday preview:

Wie geht in Germany for Whitbread?

A Thursday update will shed some light on Whitbread plc’s (LON:WTB) German Premier Inn hotel business alongside its overall third-quarter performance.

The FTSE 100 firm has set out to open 20 new Premier Inn hotels by the end of the year in Germany, where analysts say there is potential to build a network as large as the UK.

German operations are “a work in progress”, according to analysts at City broker Peel Hunt, but investors should be “paying attention now”.

Meanwhile, short-term performance is the main driver of the share price, the analysts said, although “it will probably be too early for hard evidence of a bounce”.

The hotels and restaurants owner got some respite from the weak UK hotel market after the December elections, with an upgrade from Barclays to ‘overweight217; from ‘equal weight’ based on “substantial upside” being in sight based on political clarity.

The bank’s economists now expect an orderly Brexit leading to a rebound in business investment of around 3.8% next year, making the UK the fastest growing economy of those of interest to the hotels sector.

However, Peel Hunt expects an update on this front in the fourth quarter. “As the UK general election took place during the quarter, it might be too early to see whether business confidence has been restored and the recent dip in bookings reversed,” analysts said in a note.


proactveinvestors.co.uk

[bountyhunter] 15/1/2020 13:52

Time to get back in, their hotels always seem busy to me and cash in the bank now :-)

I wouldn't be at all surprised if the days of this company as an independent are numbered.

[commuter10] 13/1/2020 11:00

Let's hope so!

[philanderer] 13/1/2020 10:05

:-)

Q3 trading update thursday.

[jeffian] 10/1/2020 10:10

Do you ever get the impression that analysts are slightly 'behind the curve'?!

[philanderer] 10/1/2020 09:56

Deutsche upgrading from 'sell' to 'hold'....... tp 4550p up from 3650p

[philanderer] 18/12/2019 21:09

'Nakheel opens second hotel at Dragon City in Dubai'


Premier Inn Dragon City is developer’s fourth hotel and marks a key milestone its hospitality business strategy for the region

[philanderer] 16/12/2019 11:09

16th dec Barclays 'overweight' tp 5200p up from 4900p

[philanderer] 13/12/2019 17:47

Finance director and person associated both selling 6500 shares today.

[inki] 09/12/2019 10:45

Paying the executives excessive salaries, should be contained.Paying staff greater salaries should be moderately contained, as that does not achieve productivity itself !Achieving greater productivity should enable greater profits, which should be apportioned with -retention in the business (to insure against unknown and enable growth) - facilitate staff increases - (to sustain growth) - pay dividends to shareholders. (They are the pension fund generation in the main, hence proving the purpose of working for retirement eventually)

[philanderer] 03/12/2019 17:45

Whitbread: the majority of the group is now represented by Premier Inn following the sale of Costa Coffee, and is therefore largely in the hands of the hotels market. As business confidence wanes given the uncertain economic outlook in the UK, corporate business travel expenditure is at risk.

In an effort to spread its wings, Whitbread is looking to expand into a German market which lends itself to this business model. Although the longer-term strategy is understandable, the current timing is unfavourable, with Germany currently facing its own economic turmoil.

The shares have underperformed of late and the market consensus of the shares has now swung to a sell.

[philanderer] 03/12/2019 00:11

Shareholders Urged To Vote Against New Pay Packet For Whitbread Boss

[philanderer] 20/11/2019 08:32

Peel Hunt reiterates BUY. increses tp from 4800p to 5200p

[philanderer] 15/11/2019 22:51

Market report: Premier Inn owner ‘to unlock growth’ from orderly Brexit

[philanderer] 15/11/2019 15:22

Barclays upgrade from equal weight to overweight....tp 4900p. Up from 4350p

[philanderer] 09/11/2019 09:56

Premier Inn to serve up free breakfast for military personnel & veterans


- See more at:

[rabbrooks] 07/11/2019 16:10

How has the sale of Costa benefited existing shareholders?

[philanderer] 07/11/2019 00:41

xd this morning for the 32.7p dividend.

[philanderer] 06/11/2019 00:22

'Hotel industry across UK regions less attractive due to Brexit, survey suggests'