Costa Coffee and Premier Inn drive Whitbread sales
Whitbread has experienced a large rise in sales in the first half of 2014. Strong figures from Costa Coffee and Premier Inn have helped Whitbread see a huge rise of 12.8% in new sales.
Costa Coffee saw a large increase in sales up 7.3%, Premier Inn also saw a large jump to 9.2% increase in the first half of the year.
Premier Inn has increased its market share; total occupancy has hit a new record high for the company and is looking to open 4,500 new rooms in the coming year.
Costa is also on the expansions radar, it is looking to open 76 new Cota stores inside the UK and a further 300 stores worldwide. Global sales were up 15.3% which in monetary terms is £602.4 million.