Whitbread has become a victim of tough trading in the third quarter after serving up lacklustre sales growth across Costa Coffee and Premier Inn. Whitbread has become a victim of tough trading in the third quarter after serving up lacklustre sales growth across Costa Coffee and Premier Inn. On Premier Inn, she said there were signs of “market weakness”, with occupancy and average room rates dropping year-on-year. However, total UK sales made for brighter reading, with Costa and Premier Inn expanding by 7.2% and 5% respectively for the three months. “We do expect the tough UK high street environment and inflation in our sector to continue to pose challenges in the year ahead.

Source: Irish Independent January 18, 2018 09:11 UTC