Whitbread Q3 sales increased 10%, Premier Inn up 11%Staff writer ▼ | December 11, 2015
Whitbread sales rose 10% for the third quarter ended November 26 compared with the equivalent period a year earlier. The U.K. pub and café owner on track to report full-year results in line with market expectations.
Whitbread Growth at restaurants business
At Premier Inn, the group's budget hotel business, total sales grew 11% - reflecting 4.7% growth in revenue on a comparable basis and a 7.4% rise in the number of available rooms - with particularly strong growth in London.
Growth at Whitbread's restaurants business was a more modest 1.7% on a comparable basis. Sales at the group's Costa coffee-bar chain rose 14%, equivalent to 2.5% on a comparable basis with the same quarter last year, despite slack demand in November. ■