Premier Inn sales increase 13.5%

Premier Inn sales increase 13.5%

Premier Inn’s latest figures have shown a 13.5 percent increase in sales across its 590 hotels. The results, which cover the 39 weeks on the run up to 2 December, also showed a 14.8 percent rise in total room nights sold to 8.9 million. This is said to have boosted Premier Inn’s occupancy to 80 percent during this period. Occupancy for the year is said to be up 6.8 percent to 77 percent. Meanwhile revpar grew 9.2 percent, with restaurant sales up 5.5 percent. “The positive momentum in our business gives us confidence that, despite tougher comparatives and an uncertain outlook for consumer spending, the outturn for the full year will be in line with market expectations for strong profit growth,” said Andy Harrison, chief executive of Whitbread, which operates Premier Inn. Next year the company plans to open 26 new hotels, 2, 519 rooms and nine restaurants.

Gary Marshall
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Gary Marshall
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