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Will the Whitbread share price recover in 2021?

first_imgSimply click below to discover how you can take advantage of this. The Whitbread (LSE:WTB) share price suffered tremendously in 2020. Throughout the first six months of the year, it lost nearly half its value as the pandemic wreaked havoc on the hospitality sector.But following its interim results released last October, the Whitbread share price has been recovering. And has since increased by 55%. Is this a sign that the worst is over? Will it return to its pre-pandemic levels? And should I be adding the stock to my portfolio? 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential… Our 6 ‘Best Buys Now’ Shares Zaven Boyrazian does not own shares in Whitbread. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. What’s going on with Whitbread’s rising share price?Whitbread is an owner of both hotels and restaurants that generate 64% and 36% of revenue, respectively. It operates under multiple UK brands including, Premier Inn, Beefeater, Brewers Fayre, and several others. Unfortunately, these just happen to be some of the worst types of businesses to be heavily impacted by pandemic.Its locations were forced to close multiple times throughout last year. So the company reported a 77% decline in revenue as well as a net loss of £153.7m. While this is obviously bad news, the interim report did reveal some promising trends that may explain why the Whitbread share price started to climb.An independent report from PwC estimated that the UK hotel occupancy rate for 2021 will be around 55% and won’t return to pre-pandemic levels until 2023.However, in the case of Premier Inn, while its average occupancy is around 50%, some of its seaside and tourist area hotels are seeing levels closer to 80%. What’s more, its newly established operations within Germany have experienced 32% growth in sales, even with all the lockdown restrictions in place.Combining this performance with Whitbread’s successful rights issue that raised £1bn last year makes me believe the worst may have passed. Risks to considerBoth Whitbread’s hotel and restaurant businesses appear to be recovering based on quarterly performance. However overall, sales for both segments are still down by around 70% over the last nine months. The firm did raise a substantial amount of capital to see it through the remainder of the pandemic. But this may not be enough if the easing of lockdown restrictions is delayed, or if new health emergencies crop up in the future.Another risk to consider is unrelated to the pandemic. The budget hotel industry is incredibly competitive, which limits Whitbread’s pricing power. The bottom lineWhitbread has a long road to recovery ahead, and I believe the share price has somewhat prematurely increased.  However, I find the strong performance from its German operations encouraging. These international hotels appear to be a new source of growth that could propel the share price even higher than its pre-pandemic levels over the long term.Personally, I’m cautiously optimistic that Whitbread’s share price will recover in 2021. But I would rather wait to see how the firm performs over the next few months before buying any shares for my portfolio. Therefore, the stock is staying on my watch list for now. FREE REPORT: Why this £5 stock could be set to surge But there is another cheaper stock that I think could provide far better returns in 2021… Will the Whitbread share price recover in 2021? Get the full details on this £5 stock now – while your report is free.center_img Zaven Boyrazian | Wednesday, 24th March, 2021 | More on: WTB Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address See all posts by Zaven Boyrazianlast_img read more


Call for New York-style approach to dealing with Limerick criminals

first_imgLinkedin Email RELATED ARTICLESMORE FROM AUTHOR Print WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Facebook Cllr Richard O’DonoghueFIANNA Fail councillor for Adare-Rathkeale, Richard O’Donoghue, wants to see a “zero tolerance” approach to crime in rural Ireland, similar to that previously taken to clean up the mean streets of New York.And he is calling on the Government, as a matter of urgency, to give rural areas back their police force and tackle the increase in crime rates before it is too late.Sign up for the weekly Limerick Post newsletter Sign Up “In New York, in the past, the crime rate was escalating to the point where immediate action was called for – much like the situation in rural Ireland today,” he explained.“The police force was increased and given instruction to carry out a zero-tolerance approach to crime. They concentrated on all crime, from the petty misdemeanours to the serious offences. Crimes seen as insignificant in the past such as breaking of windows or public order offences were investigated and the offenders prosecuted and brought to trial. By starting at the bottom of the crime pile the New York Police Force succeeded in cutting all crime,” he said.The local politician insists that the absence of Gardai in rural Garda stations is now at a critically low level and the knock-on effects are being felt, he said, by the residents of areas of County Limerick such as Granagh, Meanus, Ballingarry, Croom, Castletown, Rathkeale and Ferrybridge.“Stations across the county have been closed while others operate with skeleton-staff. In the Ballingarry area hours have been reduced, the area to be covered has increased and the Gardai responsible have no access to a vehicle. This situation is not fair on the Gardai expected to police the area and it is certainly not fair on the law-abiding citizens of our county. We are playing into the hands of the criminals,” he warned.Councillor O’Donoghue stressed that he has the highest respect for the Gardai and complimented the force locally as they are working under huge constraints imposed on them by the Government.“Crime in rural Ireland is on the increase with the criminal becoming more and more confident as the chances of getting caught decline. The decision of the Government to concentrate all our Garda resources in the urban areas is akin to the Pope moving all the priests of Ireland to the cities with the instruction that they travel on Sundays and Holy Days to all the churches in the country to say Mass. This may seem ludicrous but this is what we are doing with our Garda force,” he concluded. Advertisement NewsLocal NewsCall for New York-style approach to dealing with Limerick criminalsBy Alan Jacques – January 22, 2015 789 Previous articleAndy Lee to fight ‘Kid Chocolate’Next articleNew hospital ED can’t be rushed Alan Jacques center_img WhatsApp TAGSAn Garda SíochánaCllr Richard O’DonoghueCrimelimerickMunicipal District of Adare-Rathkealenew york Twitter Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Limerick’s National Camogie League double header to be streamed live Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick Ladies National Football League opener to be streamed livelast_img read more


Ronnie S. Houchin July 4, 1955 – February 15, 2020

first_imgRonnie S. Houchin, 64 of West Harrison, Indiana passed away Saturday, February 15, 2020. Born July 4, 1955 in Batesville, Indiana the son of Verle and Ruby (Henson) Houchin.Ronnie is survived by his children RJ (Andrew) Houchin, Jon Houchin, Tina Flaig and Jason (Jennifer) Houchin. Grandfather of Trent, Austin, Brianna, Ava, Kayla, Quintin and Holden. Great grandfather of Astrid and Kinsley. Brother of Jessie Houchin, Jim (Debbie) Houchin and Shirley (Dale) Gabbard.Preceded in death by his parents, Verle and Ruby Houchin, wife Joni (Wickman) Houchin, daughter Tara Houchin and brother William Houchin.Visitation will be held Saturday, March 14, 2020 from 1:00 P.M. until time of service at 3:00 P.M. with Rev. Paul Hensley officiating all at Jackman Hensley Funeral Home 215 Broadway Street Harrison, Ohio 45030.Memorials may be directed to Lifespring Christian Church c/o the funeral home.last_img read more


VP candidate Kamala Harris left an ‘imprint’ while visiting Clippers, Doc Rivers says

first_imgHe recalled that she spent time with his team talking about a range of topics, and focusing especially on education.“I would say that the gist of the Kamala Harris conversation with our team was more about education,” Rivers said Thursday in a Zoom video conference before Thursday’s practice. “K-3 you learn to read, and 3-whatever else you read to learn, and how quickly you can fall behind. We had a very deep conversation on where we could help and so she left a big imprint on that team.”Chris Paul, the president of the NBA Players Association, was on that squad, Rivers recalled.Now Oklahoma City’s point guard, Paul offered his congratulations to Harris on Wednesday during a session with reporters. He also made note of the historic nature of her candidacy, which aligns with the Aug. 18, 1920 ratification of the 19th amendment, granting women the right to vote in the United States.“A huge shout out to Kamala Harris,” Paul said. “Unbelievable, in that it’s the centennial, the 100-year anniversary of the 19th amendment. So, to have a Black woman running as a vice president is a huge deal and, yes, it’s a big day.” Rivers has long encouraged his players to vote, and also to think and act on their political convictions.“I think it’s our job to educate not only ourselves, but our players,” said Rivers, who also railed Thursday against the growing controversy regarding the U.S. Postal system and voting by mail after President Donald Trump declared Thursday that he opposes additional funding for the mail service, acknowledging that his position would starve the agency of money Democrats contend it needs to process an anticipated surge in mail-in ballots on account of the coronavirus.“I don’t even call them team-builders, I just think … teaching our guys what they may not want to learn and may not want to get involved in can change.”Marcus Morris Sr., who joined the Clippers via trade in early February, and who is wearing “Education Reform” on the back of his jersey in the bubble, said Rivers’ message strikes a chord.“Doc is African-American male, so the relationship is a little different … him actually being in these situations before,” Morris said. “He’s been in different riots, he sat down and told us about the story about the Rodney King thing and situations he’s been in, so definitely relatable.“Doc is unique coach, he’s been around a while … and the knowledge that he’s giving us and the way he stands in front of everything and speaks his piece, it’s definitely great for us, as African-American males.”HARRELL REMAINS OUTThe Clippers will play their final seeding game Friday before the playoffs without Patrick Beverley (strained left calf), Landry Shamet (sprained left foot) — and Montrezl Harrell.Earlier this week, Rivers expressed hope that Harrell would be available to play this week, but on the Clippers’ injury report released Thursday afternoon, the team continued to list him as out under the “self-isolating” distinction for players who are away from the team or quarantining.Harrell returned to the bubble early this week after leaving on July 17, and taking time, with his team’s support, to mourn the death of his grandmother.The Clippers, 4-3 in Orlando without the Sixth Man of the Year candidate, will face Dallas in the first round of the Western Conference playoffs, which could begin as soon as Monday.Thunder (44-27) vs. Clippers (48-23)When: Friday, 3:30 p.m.Where: Walt Disney World Resort, Lake Buena Vista, FloridaTV: Fox Sports Prime Ticket, ESPN Asked Wednesday what he thought about Joe Biden’s pick for running mate, Doc Rivers gushed, “It’s just beautiful.”On Tuesday, the presumptive Democratic presidential nominee answered the most highly anticipated question of his campaign when he announced that California Sen. Kamala Harris will join him on the ticket. If the Biden-Harris candidacy is successful, she would become the first woman, the first Black American and the first South Asian American to serve as the nation’s vice president.“We’ve had our first Black president in President Obama,” said the Clippers coach, who a few weeks ago spoke about his relationship with the late civil rights icon John Lewis. “And now we have a chance to have not only a Black vice president, but a woman as well. Those are two things that we can cross.”Furthermore, Rivers said Thursday, the day after his team clinched the No. 2 seed with the best regular-season finish in franchise history, he gained a good sense of who Harris is when she visited with the Clippers a few seasons ago.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more


The Opinionated Spectator…Pirates’ nightmare is reality

first_imgAlexis Sara CobbIt has been two days since the Pittsburgh Pirates’ wild card debacle. After 48 hours, I thought the horror would subside. I thought perhaps it would be like waking up from a nightmare in movies and realizing it was all just a hilarious joke. But I was wrong. The embarrassing loss was in fact reality.On Wednesday, October 1, 2014, the Pirates played against the San Francisco Giants and lost 8-0. There is no graceful to characterize the loss. The Pirates got humiliated at home in front of thousands of fans.We came. We Saw. They conquered.There are two names that are going to forever be sketched in the history books. Madison Bumgarner and Brandon Crawford.Unfortunately, neither of them play for the Pirates.Let me give you a quick recap of the highlights, or more aptly put – lowlights.  Everything was going fairly well for the Pirates in a scoreless game until the fourth inning.  Giant’s Sandoval and Hunter Pence opened the inning by each hitting singles.  Next, Edinson Volquez, Pirates pitcher, walked Belt on a full count. So, at this point, the bases were loaded and Brandon Crawford walked up to the plate.I remember thinking, he doesn’t look scared and frankly, that scares me.  It didn’t take long, on a 1-2 count, Brandon Crawford hit a home run. Grand slam.  Giants 4-0.For the record, the shortstop had been the only position without a slam in postseason play.“The last thing on my mind was probably hitting a home run,” Crawford said. “I was just trying to hit something good enough to get Pablo home, and I figured that would probably be good enough for Madison.”Bumgarner walked one and threw 79 of 109 pitches for strikes. He had 10 strikeouts. He allowed only four singles. He played like he understood the magnitude of the moment and he conquered the moment. But what should we have expected? He has thrown 15 scoreless innings in two World Series starts. He is no novice who is simply excited to be starting the game.The Grand Slam or shall I say, Not-So-Grand Slam silenced the crowd. Literally.  It was like thousands of fans were sitting there as if Drogo had ripped out their tongues on Game of Thrones. Utterly speechless. I was not impressed by the crowd’s response. Sure it’s 4 runs. But that is no reason to look and act defeated.The players cannot hear or feel the energy of their fans watching the game on television. Instead, the Pirates are affected by their home crowd’s energy.“We got outplayed tonight,” Pittsburgh second baseman Neil Walker said. “Bumgarner went out there, he did what he wanted to do… when they got up early on us we were trying to scratch and claw our way back.” Don’t you believe it!  After that grand slam, the game was over.The Pirates could feel the utter defeat in the air. They could smell the stench of fear and dismay. And you know what? The Pittsburgh Pirates played like it was over. This loss falls on the entire Pirates’ dugout, bullpen, coaching staff and fans.But only the Pirates fans that attended the game. Fans, you are supposed to rally. You are supposed to scream out, “That’s okay! We are coming back!”  You are not supposed to sit there with shocked expressions too devastated to even tweet. That is not appropriate fan etiquette.At PNC Park, the crowd was collectively wearing black trying to show solidarity with a “Black Out”. This game was not fun. This game was not entertaining. This game was an awful display from a team that had narrowly missed winning the NL Central. In retrospect, the crowd was dressed appropriately to mourn the premature death of another postseason.Alexis Sara Cobb may be reached at:  [email protected] or (724) 561-8082  Follow her on Twitter: @alexissaralast_img read more