FTSE 100 stock Whitbread still looks a great recovery play to me! - The Motley Fool UK

www.fool.co.uk
2 min read
fairly easy
FTSE 100 (INDEXTFTSE:UKX) hotelier Whitbread (LON:WTB) isn't without risk, but Paul Summers thinks this battered share could still prove a great contrarian buy.
Total UK accommodation sales tumbled a little over 55% in the 13 weeks to 26 November. Occupancy rates fell to 49.3%. Then again, these headline numbers only tell half the story. Demand over the period has actually been quite variable.

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Occupancy levels hit 58% in September, thanks to a bounce in demand in tourist spots. This carried on into October before the introduction of the tier…
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