While presenting intermediate results, Alan Parker, Whitbread chief executive officer, commented: “our Premier Inn budget chain continued to outperform the hotel market, seeing total sales rise by 18.3% over the same period, with like-for-like sales 10.7% ahead. Revenue per available room, meanwhile, increased by 6.2%, with 8.3% more rooms sold due to the chain’s expansion”. Furthermore, sales through Premier Inn’s Business Account card increased by 40% year-on-year during the 13 weeks, as corporate travellers recognised its “value for money price and quality”. However, Alan Parker added: “We remain cautious, should the consumer environment become more challenging. The resilience of our businesses combined with cost actions we have taken, our investment pipeline and our strong balance sheet, put us in a good position to continue the disciplined development of the group.”
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