Whitbread PLC (OTCPK:WTBDY)
$ 9.05 0.1 (1.12%) Market Cap: 6.35 Bil Enterprise Value: 12.11 Bil PE Ratio: 21.00 PB Ratio: 1.46 GF Score: 78/100
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Half Year 2021 Whitbread PLC Earnings Call - Q&A Transcript

Oct 26, 2021 / 08:15AM GMT
Release Date Price: $11.48 (+4.08%)
Operator

Welcome to today's Whitbread Interim Results Q&A session. My name is Jordan, and I'll be coordinating your call today. (Operator Instructions)

I'm now going to hand over to Alison Brittain, CEO, to begin. Alison, please go ahead.

Alison J. Brittain
Whitbread plc - Chief Executive & Executive Director

Good morning, everybody, and thanks for dialing in to our Interim Results Q&A session. I hope you've had the opportunity of listening to the presentation and seen the slides already this morning, they went up around 7:00 a.m. Just to give you one or 2 points of the highlights, and then we will just plan straight into the Q&A, because we know that you would like to focus on the things that report to you.

So just a couple of highlights. First of all, Premier Inn's recovery in half 1 was very strong and ahead of expectations, and we saw a significant market outperformance in the U.K. And then in Germany, our expansion plan is continuing at pace. The open and committed pipeline is down to 73 hotels and we have 31 hotels currently

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