By John Glenday

Whitbread Group, owner of the Premier Inn and Costa Coffee brands, has seen like for like sales rise 1.8 per cent on the back of a 2.6 per cent rise in sales at the coffee chain over the 13 weeks to 2 June.

The news offsets a ‘weaker than expected’ hotel market, driven down by poor performance in London which nevertheless saw Premier Inn gain market share on the back of a 2.1 per cent increase in like-for-like sales.

This saw the important revenue per room benchmark fall by 0.5 per cent on a like-for-like basis as Whitbread managed the ‘dilution’ effect Read full story ›

Source: The Drum