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Whitbread ( (GB:WTB) ) has shared an announcement.
Whitbread reported continued strong trading in the third quarter of FY26, with group sales up 2% to £781m, driven by positive accommodation revenue in both the UK and Germany, and solid outperformance versus the wider midscale and economy hotel markets. UK RevPAR rose 3% with a maintained premium over competitors, while Germany delivered a 16% increase in total accommodation sales and robust RevPAR growth as its estate matures, keeping the business on track for profitability there this year. The group lifted its FY26 cost-efficiency target to £75m–£80m through labour, technology and procurement savings and confirmed that the expected FY27 hit from UK business rates changes has been reduced to about £35m, although it continues to warn that the new regime is damaging to the hospitality sector. Whitbread is making strong progress on its Accelerating Growth Plan, executing hotel-led conversions, completing further hotel sale-and-leaseback deals to recycle £250m–£300m into higher-return projects, and advancing a £250m share buyback, underscoring management’s confidence in the outlook and its ability to sustain margins and returns despite inflationary and fiscal headwinds.
The most recent analyst rating on (GB:WTB) stock is a Buy with a £31.00 price target. To see the full list of analyst forecasts on Whitbread stock, see the GB:WTB Stock Forecast page.
Spark’s Take on GB:WTB Stock
According to Spark, TipRanks’ AI Analyst, GB:WTB is a Neutral.
Whitbread demonstrates strong financial health and attractive valuation, but technical indicators show bearish momentum. Positive corporate events bolster confidence, but the overall score is moderated by technical weaknesses.
To see Spark’s full report on GB:WTB stock, click here.
More about Whitbread
Whitbread is a UK-based hospitality group best known for its Premier Inn hotels, operating in the midscale and economy segment with a growing presence in both the UK and Germany. Its vertically integrated model spans accommodation and associated food and beverage operations, and the company is pursuing an Accelerating Growth Plan that includes converting lower-returning branded restaurants into higher-returning hotel extensions and recycling property capital into higher-yield growth projects.
Average Trading Volume: 866,382
Technical Sentiment Signal: Strong Sell
Current Market Cap: £4.44B
For an in-depth examination of WTB stock, go to TipRanks’ Overview page.