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Costa Coffee has Entered Saint Petersburg by Re-Branding 3 Existing Moka Loka

MOSCOW, October 8 -- Brava, the joint venture of Whitbread PLC (LSE FTSE 100, FTSE4 Good) and OJSC Rosinter Restaurants Holding (RTS, MICEX: ROST), the leading casual-dining restaurants operator of Russia and the CI...

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Premier Inn announces £100 million London expansion

Whitbread PLC, the UK’s largest hotel and restaurant group, has announced the development of six new Premier Inn hotels, with 1200 rooms, to be opened in London over the next three years, with an ... read more

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Whitbread upped at Citi, consumer spending worries overdone

LONDON (MarketWatch) -- Citigroup upgraded U.K. restaurant and hotels operator Whitbread Plc to buy from hold, saying it believes the shares have been over penalized for their exposure to the U.K. consumer and now offer an attractive entry point. The broker told clients that while the U.K. consumer spending slowdown will bite into the company's restaurant business, the bulk of the group's earnings...

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Whitebread to Add 1200 Rooms

Premier Inn owners Whitbread PLC have announced plans to add an extra 1200 rooms to its London capacity over the next three years.

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Whitbread plans six new Premier Inns in London

LONDON (MarketWatch) -- Whitbread Plc said Tuesday that it will open six new Premier Inns in London over the next three years, with an investment equivalent to 100 million pounds ($199.7 million). The company said it will acquire three hotels from the Real Hotel Company and is developing three new build hotels as well as extending existing properties. In total the investment will add around 1,200...

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Whitbread cut at Citi, slowing U.K. consumer spending cited

LONDON (MarketWatch) -- Citigroup downgraded U.K. hotel and pub owner Whitbread Plc to hold from buy, saying it believes the shares will struggle to outperform in the current context of slowing U.K. consumer spending and challenging credit markets. The broker cautioned clients that while the company is largely exposed to the budget hotel segment, which it noted has proved resilient in previous consumer...

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Whitbread profit jumps after disposal

LONDON (MarketWatch) -- U.K. hotel and restaurant operator Whitbread Plc said Tuesday that its first-half net profit jumped to 499.7 million pounds from 136 million pounds as revenue for the period shrunk to 605.8 million pounds from 623.6 million pounds. The result included 397.2 million pounds from the disposal of its David Lloyd Leisure business. Profit form continuing operations fell to 83.2 million...