Whitbread Ticks Higher Ahead of Premier Inn Update, Market Eyes RevPAR and Costs
Whitbread PLC pushed higher on Tuesday. Shares last changed hands at 2,413p, up 1.00% at 16:04 London time based on Davy figures. Hargreaves Lansdown quoted the shares 28p or 1.17% higher. The FTSE 100 moved up too. The company didn’t issue any new statements. Traders linked the gain to positioning ahead of an update due this week, along with help from the stronger overall market. Whitbread posts its Q1 FY27 trading update on Thursday, June 18, at 8am BST, with the AGM set for 2:30pm that day. Market focus is on Premier Inn UK RevPAR, as investors watch for signs that demand for budget hotels is bouncing back. UK cost breakdown, business rates, F&B changes, and Germany are also expected
