Eurostar sees 14% growth in business traveller revenue

Eurostar's sales revenues from business travellers grew by 14% year-on-year last quarter.

Eurostar sees boost in business traveller sales revenue
Eurostar sees boost in business traveller sales revenue

The rail service’s results for the third quarter of 2013 show overall sales revenues are up 10% year-on-year to £207m, from £188m in 2012, while passenger numbers have increased by 5% over the same period to 2.7m.

Sales revenues generated from business travellers during the third quarter rose by 14% year-on-year despite the traditional summer business ‘shut-down’. Eurostar says this is a strong result, even when taking into account the reduction in passenger traffic to London around the time of last summer’s Olympic Games.

Nicolas Petrovic, chief executive of Eurostar, said: "Business traveller volumes have been growing steadily for several months and this quarter’s performance continues that encouraging trend. As a bell-weather for the health of the wider UK economy, the growing strength of the corporate travel market gives us confidence in the business outlook to the year end."

Leisure sales revenues increased 9%, compared with the third quarter of 2012.

Last month, Eurostar announced plans to launch a direct service between London and Amsterdam from December 2016 in partnership with the Dutch railways. 

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