Report
Fehmi Ben Naamane

Whitbread : Ralentissement perceptible récemment, mais très peu pour remettre en cause notre vision positive sur la valeur

>Hôtellerie RU : équilibre offre-demande toujours favorable - Depuis mars 2023, la croissance des RevPAR au Royaume-Uni oscille entre 23% et de 30% par rapport à 2019. Sur le mois d’octobre, la hausse est de 25%. En revanche, en croissance yoy, la base de comparaison devenant de plus en plus difficile à partir de juillet, la hausse n’est que de 4% sur le mois. C’est une décélération nette par rapport aux +10% publiés en septembre, mais le mois d’octobre 2022 avait ét...
Underlying
Whitbread PLC

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Fehmi Ben Naamane

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