Whitbread

Whitbread plc is a leading multinational company specializing in leisure and hospitality services in the UK. The firm runs restaurants and accommodation facilities with headquarters located at Houghton Regis, Bedfordshire, UK. The company was established as early as 1742 by Samuel Whitbread who was renowned in brewing. Currently, the company’s shares are traded on the London Stock Exchange and a component of the FTSE 100 Index.

The firm owns several brands including Premier Inn, Beefeater, Brewers Fayre, Cookhouse and Pub and Table Table. Premier Inn brand is the largest hotel subsidiary in the UK, with over 785 hotels and resorts and more than 72,000 bed capacity. Also, the company operates a chain of restaurants under the aforementioned brands. This year, the company acquired Costa Coffee, but it immediately sold it to the Coca-Cola Company. Majority of its clients come mainly from the UK and various other countries across the globe, including China, Ireland, Dubai, Russia, and entire Europe.

Latest Whitbread News

FTSE 100 Index – An overview of Tuesday, October 22nd, 2019

While the Brexit associated uncertainty is at an all-time high, the persistent comments from Trump administrations regarding the U.S – China trade negotiations proceeding in the right direction are helping the FTSE 100 index advance its upward rally. The market...

Whitbread share price in the doldrums after FY results

Shares in Whitbread (LON:WTB) have fallen deep into the red in London this morning as the Premier Inn owner warned of ‘acute’  political and economic uncertainty in the UK. The update came as the company revealed a slump in its...

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