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About 2 weeks
Just applied for my card via HL.
Can anyone advise how long it will take to be delivered?
Thanks.
Nd
Wednesday 15th June Q1 trading update should give a good view on the outlook of the UK economy
results June 15th 2022....
Continued market outperformance in the UK with Premier Inn total accommodation sales 27.2pp ahead of the market1, driven by the strength of our commercial and operational initiatives combined with the inherent strengths of our brand, scale and direct distribution
· Our UK hotels continue to perform well ahead of pre-COVID levels:
o Total UK accommodation sales 235.6% ahead vs FY22 (31.0% ahead vs FY20)
o UK LFL accommodation sales 221.6% ahead vs FY22 (21.3% ahead vs FY20)
· UK food and beverage sales were 585.3% ahead vs FY22 (4.3% behind vs FY20)
· Given a tight labour market and our focus on maintaining our market leading position, we plan to invest additional costs of £20m - £30m in labour, refurbishments and IT in FY23. However, our high levels of occupancy and continued strong sales performance mean we remain confident in our continued margin recovery in the UK
"The strength of Premier Inn's recovery in the UK continues to be ahead of expectations with a particularly strong Q1 performance that is well ahead of pre-pandemic levels and we continue to significantly outperform the market1. This outperformance is driven by a number of factors, including our commercial and operational focus as well as the strength of our brand and operating model, our direct distribution, national coverage and accelerated independent supply contraction.
This impressive Q1 performance together with improved visibility into Q2, gives us increased confidence in delivering a strong first half and remaining ahead of the market for the rest of the year.
Whitbread’s Premier Inn chain has all the resources it requires to deliver steady growth in hotel capacity in the UK, yet the FTSE 100 group’s share price has stubbornly refused to regain pre-pandemic levels.
Analysts at Peel Hunt, though. remain positive on the stock thinking that its German hotel business could provide the required impetus. They say the business has the potential to grow its estate tenfold, adding: “The emergence of the German business as a successful new growth driver will catalyse a rerating.”
The German operation has 40 hotels and another 38 in the pipeline and Peel Hunt believes the division could break into profit next year, advising its clients: “The German business is only now getting off the production line post-Covid 19 and onto the autobahn. Buckle up before it picks up speed.”
Shares of Whitbread, which were were trading at almost £44 in March 2019, more than halved during the pandemic. Yesterday, they closed 58p higher to £25.22, a rise of 2.4 per cent.
https://www.thetimes.co.uk/article/whitbread-wakes-up-to-the-sound-of-german-growth-65sdrvbbg
Got my card this morning - shares are in a normal trading account with iI - card came from Link but requested via iI.
Card expires end June 2023.
Link Asset Services
Whitbread@linkgroup.co.uk
03448552327
Da Master ......... my HL account is a SIPP (drawdown) I think these cards came from ii (I split my holding between me & missis in ii and Hargreaves to get 3x Costa vouchers for £15 ,instead of £5 from one large holding) applied for discount card in all three accounts usually get HL card later.
Sorry Samson, can see that you said you have yours in a SIPP. Shame there is no Edit/Delete button!
Looks like ii are telling porkies/ making excuses.
@Samson. That's true. I was thinking about the other day. Next thing you know, £1B equity raise!
Add to that the recent controversy over staff wages/retention and Fat Cat payouts and perhaps it is time she handed the reigns over.
Has some synergies with Karen Hubbard who 'left' Card Factory after bleeding it dry through dividends. She was replaced with Darcy [male] Wilson-Rymer who previously held a senior position at Pizza Hut
Thanks Konan. Can't be that trivial as you need 64 shares @ £25. Depends how diversified you are I suppose.
@Samson Is your HL account SIPP or ISA?
Got my card this morning from Link . Just in time for our weekend away. 3 Nights free brekkie plus 10% discount for evening meals for three people not to be sniffed at.
Never forgive her for the debacle of return of capital to small shareholders after sale of Costa Coffee.
Fairwell Alison. Sorry to see you go.
https://www.lse.co.uk/rns/WTB/directorate-change-vz9llialblzlham.html
A box has now appeared on my account to tick if I want discount card!!!!!!!!!
I received the same message some time back
A week ago the card arrived in the post via Link who presumably administer on behalf of Whitbread
Received this message from HL this year
"Thank you for your communication regarding the Whitbread Discount Card.
We'd like to thank you for your ongoing patience while we resolve the delay in dispatching the shareholder discount cards.
Whitbread plc recently changed their stance on the process which means we’re currently finalising timeframes with the company directly.
Once this has been confirmed we'll write out to all Whitbread Plc shareholders with at least 64 shares, which will include the necessary information and voting buttons to request the shareholder discount card.
Once again, we apologise for the delay in the distribution of the cards, and any inconvenience this may have caused you.
Yours sincerely
Dividends Department
Hargreaves Lansdown"
Don't understand the voting bit.
Mine are held in nominee account with HL
Its just the standard Fund and Share account and not ISA as the holding is trivial
Thanks konan. How are your shares held? Certificate or nominee account? SIPP/ISA or non-tax wrapper?
I received mine although it was delayed by Whitbread
its a nice perk as we stay at least 15 x per year at the chain so that's almost £300 in free breakfast
I view it like a dividend
Whitbread shares were 11p higher at 2567p after analysts at Liberum backed the Premier Inn owner with a “buy” recommendation and new target price of 3320p.
https://www.standard.co.uk/business/ftse-100-live-27-june-us-interest-rates-brent-crude-price-stock-market-sentiment-b1008537.html#r3z-addoor
These so called pay revolts by shareholders have more to do with the current share price of the business than opposition to boardroom earnings - they should to be seen is this context.
Whitbread boss Alison Brittain hit by bruising pay revolt as 38% of voters oppose Premier Inn-owner's payouts. The scale of the revolt also means Whitbread will join the Investment Association’s list of shame over fat cat pay – a register of companies where 20 per cent or more of shareholders oppose boardroom earnings. https://www.dailymail.co.uk/money/markets/article-10920865/Whitbread-boss-Alison-Brittain-hit-bruising-pay-revolt.html
ii used to issue them - again after prompting - but they say this a recent change in the rules. Let me know if you get one.
Mine are in a SIPP as well with Hargreave Lansdown and I've always got mine (after much prompting)