Whitbread : A perceptible slowdown recently, but not enough to call into question our positive stance on the stock
>UK hotels: supply-demand balance still favourable - Since March 2023, RevPAR growth in the UK has ranged from 23% to 30% relative to 2019. In October, the increase was 25%. In contrast, on a y-o-y basis, with the comparison base getting increasingly demanding from July, growth stands at just 4% on the month. This marks a sharp deceleration compared to the +10% seen in September, but October 2022 was particularly robust, with a pronounced acceleration in RevPAR (from ...Whitbread is a hospitality company. Co. serves its customers in the U.K. and beyond through its two businesses: Premier Inn and Restaurants; and Costa. Premier Inn is a hotel business, with over 760 hotels and more than 68,000 rooms as of Mar 2 2017. Co.'s hotel are located alongside its own restaurant brands. Co. also have hotels in the Middle East, and Germany, with more hotels in the pipeline. Costa is the coffee shop, with over 2,200 coffee shops in the U.K., over 1,300 stores in 29 international markets and over 6,800 Costa Express self-serve units as of Mar 2 2017.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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