With the Costa Coffee sale steaming ahead, it's time for Whitbread to think seriously about its hotel strategy. Zip will sit at the budget end but what about something above the flagship Premier Inn brand?
Modern luxury doesn't necessarily need overly formal staff and a stuffy atmosphere. It can be "consistently inconsistent," and yet still be totally unforgettable.
It looks like things are starting to turn around for Merlin in its key London market. We'll have to wait until its annual results later this year for the full picture.
Stephen Kavanagh is staying on for a couple more months and will then serve as a non-executive director, both of which imply an amicable decision. New CEO Sean Doyle inherits an airline in decent financial shape but one that has its fair share of competitive challenges.
Experiences are becoming a much bigger part of the travel industry and luxury hotels are adding them to their portfolios. The next stage is connecting them to their loyalty programs.