Tuesday, October 19, 2010

Whitbread Shares Advance to Three-Year High on Premier Inn Profit Increase

Whitbread Plc, the largest U.K. hotel and restaurant company, rose to a three-year high in London trading after reporting a 58 percent gain in profit on growth at Premier Inn budget hotels and Costa Coffee shops.
The shares advanced as much as 2.1 percent, climbing to the highest since Nov. 1, 2007.

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