uk tourism
UK’s Premier Inn Owner Whitbread Enjoys Bookings Boost After Lower Profits
Premier Inn | October 17, 2024
By Shanima A (Reuters) -Bookings at British hotel group Whitbread are picking up for the holiday season, the company said on Wednesday, after reporting a fall in first-half profit. Whitbread shares rose more than 4% in early trade after the group, which also owns restaurant and pub chains such as Beefeater and Bar+Block Steakhouse, raised its interim dividend and announced a share buyback programme worth 100 million pounds ($129.95 million). "After a slightly softer start in September we've seen trading pick back up and we're outperforming the market," CEO Dominic Paul told Reuters. UK revenue per available room (RevPAR) - an important me...
UK Domestic Tourism Set for Bumper Summer
GlobalData | May 18, 2021
With travellers hesitant towards international travel, demand for domestic holidays in the UK looks set to be unleashed. The roadmap for lockdown easing is progressing at speed and UK-based domestic operators are set to benefit, says GlobalData, a leading data and analytics company. Gus Gardner, Associate Travel and Tourism Analyst at GlobalData, comments: “After months of a long, miserable winter lockdown, many brits will be desperate to escape, and domestic staycations will once again rule this year. “Domestic operators will be set for a bumper summer as domestic demand will return at a quicker rate than international demand...
