Whitbread says robust demand supports occupancy and pricing

Whitbread PLC (LSE:WTB) held full-year guidance as robust demand for hotels supporting occupancy and pricing in the third quarter.  For the 13 weeks to November 30, Whitbread said Premier Inn UK sales rose 11% with strong demand in both London and the regions. Total RevPAR increased 9% and was up 39% versus 2020 with high occupancy and strong pricing, while food and beverage continued to perform well with sales up 6%. In Premier Inn Germany, sales jumped 47% with total estate RevPAR €60. Whitbread said the ...