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I like Whitbread shares... and will soon be booking a room too

When I last looked, Whitbread (WTB) shares were in the top ten of my personal pension fund positions. I have been a fan at various levels for years, having enjoyed the share price bump after Coca-Cola purchased the company’s Costa unit at a decent multiple to take a decent profit, and then invested it back into the share when the Premier Inn owner decided to raise some money back during the 2020 COVID-19 uncertainties. I may not have made it one of my formal two tips of the year during the Christmas holidays, but I am still hopeful of a return to a c. 40 quid share price as I discussed back in June last year. So what do I make of its Q3 update today?


I still love Whitbread shares

Naturally you have to think carefully about every share in the travel sector at the moment. Earlier this week I wrote why I thought On The Beach (OTB) was wholly uninvestable HERE. By contrast I still own shares in Carnival (CCL) and, as I talked about last month HERE, I will even get back to making a bit of profit on my holding if the shares go up another couple of quid and there was an announcement today that its ‘ultra-luxury cruise line’ brand Seabourn would depart for both the Greek Isles and the Southern Caribbean next month. Certainly there is a bunch of older (and richer) people who look forward to their next trip soon. My top sector holding in the travel and related space though is Whitbread (WTB).

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