Half Year 2026 Whitbread PLC Q and A Call Transcript

Oct 16, 2025 / 08:15AM GMT
Release Date Price: $45.57
Operator

Good morning, everyone, and welcome to today's Whitbread full-year (sic - half-year) '26 interim results call. My name is Seb, and I'll be the operator for your call today. (Operator Instructions)

I'll now hand the floor to Dominic Paul, Chief Executive, to begin the call. Please go ahead.

Dominic Paul
Whitbread PLC - Chief Executive Officer, Executive Director

Thank you, Seb. Good morning, everyone. Thank you for joining myself and Hemant Patel, our Group CFO, for our half-year results call. Hopefully, you've all been through our release, and you've had a chance to listen to our results presentation this morning. Before we open up the call for Q&A, I thought I'd just pull out a few key points.

Let's start with our first-half results. As you probably all know from the published data, the UK market returned to growth in the second quarter. As a result, UK accommodation sales were in line with last year for the first half. And with the benefit of our commercial program, we continue to outperform the mid-scale and economy market on both

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