Articles tagged “whitbread”

Brexit Uncertainty Weighs on Premier Inn Owner Whitbread

Brexit Uncertainty Weighs on Premier Inn Owner Whitbread

Patrick Whyte, Skift

While most economic forecasts think that leaving the European Union will be bad for the United Kingdom, uncertainty over how, when, or even if, Brexit occurs is doing plenty of damage at the moment.

3 weeks ago

Why Brexit Makes Premier Inn Owner Whitbread an Attractive Takeover Target

Why Brexit Makes Premier Inn Owner Whitbread an Attractive Takeover Target

Andrea Felsted, Bloomberg

Unlike a lot of hotel companies, Whitbread has held onto its property portfolio. With Brexit making UK companies cheaper to buy, there'll be a few companies looking at it as a potential acquisition.

3 months ago

Premier Inn Owner Looks to Put Pressure on Independent Hotels

Premier Inn Owner Looks to Put Pressure on Independent Hotels

Patrick Whyte, Skift

In an economic downturn there are winners as well as losers. Whitbread will be hoping Premier Inn comes out on top when Brexit starts to bite.

10 months ago

Premier Inn Owner Whitbread Presses Ahead With Germany Expansion

Premier Inn Owner Whitbread Presses Ahead With Germany Expansion

Patrick Whyte, Skift

Germany is indeed a big market but shouldn't Whitbread be taking a look at other countries as well?

1 year ago

Premier Inn Owner Whitbread Creates New Budget Brand

Premier Inn Owner Whitbread Creates New Budget Brand

Patrick Whyte, Skift

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?

1 year ago

Premier Inn Owner Whitbread Under Pressure From Short Sellers

Premier Inn Owner Whitbread Under Pressure From Short Sellers

Lisa Pham, Bloomberg

With the sale of Costa Coffee to Coca-Cola moving ahead, the focus shifts to Whitbread's Premier Inn brand. Investors will want to know exactly what it plans to do with the $4.4 billion the disposal will raise.

1 year ago

India’s Oyo Enters UK Hotel Market With First Expansion Outside Asia

India’s Oyo Enters UK Hotel Market With First Expansion Outside Asia

Patrick Whyte, Skift

Oyo's surprise move represents a big threat to the likes of Whitbread-owned Premier Inn, which has been a dominant force in the UK scene over the past few years. We'll have to wait for more details to see just how serious a player it might become.

1 year ago

Investors Speculate on Future of Whitbread’s Premier Inn Brand

Investors Speculate on Future of Whitbread’s Premier Inn Brand

Lisa Pham, Bloomberg

Is Premier Inn in play? We can't imagine any of the so-called big six hotel companies wanting a piece of such an asset-heavy operation, but others might well be interested.

2 years ago

Whitbread Agrees to Split Coffee Shops From Hotels

Whitbread Agrees to Split Coffee Shops From Hotels

Sam Chambers, Bloomberg

While the Whitbread CEO had previously said the company was open-minded about a breakup, it does look like the pressure applied by activist investors has done the trick. It will be interesting to see whether the split facilitates the international expansion of the Premier Inn brand.

2 years ago

Activist Investor Pushes for Whitbread Split

Activist Investor Pushes for Whitbread Split

Lisa Pham, Bloomberg

Shareholders love to "unlock value" but it doesn't always benefit the consumer. Would splitting Premier Inn and Costa Coffee benefit both businesses or would it just make some people a lot richer?

2 years ago

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Gender Diversity Is Still Massively Lacking in Travel and Hospitality

Patrick Whyte, Skift

Laws have been changed to supposedly eliminate gender bias but the problem at senior levels still persists. Companies first need to admit they have a problem, then they can do something about it. Perhaps there should be greater consideration of quotas.

2 years ago