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Whitbread sales rise as Premier Inn outperforms UK hotel market

Corporate EarningsCompany FundamentalsTravel & Leisure

Whitbread reported 2% first-quarter sales growth to £727 million in the 13 weeks to 28 May, with Premier Inn hotels in the UK and Germany continuing to outperform their local markets. The update points to steady underlying demand and resilient operating performance, but it is a routine trading statement rather than a major earnings surprise.

Analysis

Whitbread reported 2% first-quarter sales growth to £727 million in the 13 weeks to 28 May, with Premier Inn hotels in the UK and Germany continuing to outperform their local markets. The update points to steady underlying demand and resilient operating performance, but it is a routine trading statement rather than a major earnings surprise.

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