Our year at a glance….
Whitbread is the owner of Premier Inn, the UK’s biggest hotel brand, with over 83,500 rooms in over 840 hotels and a growing presence in Germany with 9,000 rooms in 51 hotels, offering quality accommodation at affordable prices in great locations.
People are at the heart of our business. We employ over 40,000 team members in over 1,600 Premier Inn hotels and restaurants across the UK and Germany and serve over five million customers every month.
We are investing to win
Annual Report and Financial Statements for the year ended 3 March 2023Our Performance
Statutory
revenue
£ 2625 m
2021/22 £1,703m
Adjusted profit /
(loss) before tax
£ 413 m
2021/22 £(16)m
Statutory profit
before tax
£ 375 m
2021/22 £58m
Adjusted operating
cash flow
£ 719 m
2021/22 £404m
Total cash
capex UK
£ 447 m
2021/22 £171m
Total cash
capex Germany
£ 99 m
2021/22 £90m
Lease adjusted
net debt
2 .7x
2021/22 4.4x
Net cash
£ 171 m
2021/22 £141m
Adjusted basic earnings /
(loss) per share
162 .9p
2021/22 (2.5) p
Statutory basic
earnings per share
138 .4p
2021/22 21.1p
Dividend
per share
74 .2p
2021/22 34.7p
Total
dividend
£ 149 m
2021/22 £70m
Chair and Chief Executive’s Review

“Whitbread has had an outstanding year. Whilst the recovery in market demand, in conjunction with a structural decline in the independent hotel sector has provided a helpful backdrop, it is the combination of our own initiatives and our clearly differentiated business model that has delivered such an impressive operational and financial performance.”
ESG report
With over 40,000 team members, people are at the heart of our business and together we are a Force for Good.
Read our ESG reportOur highlights

“There are many things to be proud of as we look back over the last 12 months. We have made strong progress against our stretching carbon targets, set new targets on water, and the groundwork for our biodiversity strategy and had some great external recognition for our work on diversity and inclusion”