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Premier Inn sees quarterly sales rise

Premier Inn saw total sales rise by 13.7% in the three months to the end of November.

This came as capacity rose by 7.3% and total revenue per available room at the UK’s largest budget hotel chain increased by 6.5%.

Total sales in London grew by 16.3% against 13.5% in the regions, parent company Whitbread reported this morning.

Premier Inn opened 2,309 new rooms across 20 hotels and six joint site restaurants in the 39 weeks to November 28.

The company plans to open around 3,500 new rooms in the full year, slightly less than originally anticipated including a short delay in the opening of a large Central London Premier Inn, which will now open in early 2014/15.

“Our new UK hotel pipeline remains strong at around 10,500 rooms, with approximately 4,500 expected to be open in 2014/15,” Whitbrerad said.

“Our pipeline includes 1,000 rooms for our new brand, hub by Premier Inn, with the first hotel due to open in St Martin’s Lane in the second half of 2014.”

Chief executive Andy Harrison said: “Whitbread has delivered another strong quarter, with total sales up 13.8% and like-for-like sales up 4.3%, driven by the strength of Premier Inn and Costa and an improved performance from restaurants. This keeps us on track to deliver full-year results in line with expectations.”

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