The UK’s largest budget hotel chain Premier Inn saw sales rise by 12.7% in the three months to the end of May.
Parent company Whitbread said Premier Inn’s total room nights sold increased by 10.9% to 3.7 million with revenue per available room up by 1.7% to £42.57 in the 13 weeks to May 30.
The chain’s sales in London grew by 19.9% as capacity increased by 20.6% year on year. Total revPar in the capital declined by 1.8% to £74.34 against a strong market this time last year due to preparations for the Olympics.
Sales in the UK regions grew by 11% with total revPar up by 1.3% to £38.50.
Whitbread chief executive Andy Harrison said: “We see no change to market conditions. Our plans for profitable organic growth are well established which, combined with our strong focus on returns, should create further substantial shareholder value.”
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