November 2022, Virtual
21 November 2022, Hilton London Metropole
Strong growth from business travel sales has helped Eurostar to increase revenue by 10 per cent during the third quarter of the year.
The train operator said that sales rose to £207 million for the period between July and September while passenger numbers went up 5 per cent year-on-year to 2.7 million.
This growth was fuelled by a 14 per cent rise in revenue from sales to the corporate market.
Eurostar called this a “strong result” even though it is being compared to a decline in business travellers during the same quarter last year when the Olympics was being held in London.
Nicolas Petrovic, Eurostar’s chief executive, said: “Business traveller volumes have been growing steadily for several months and this quarter’s performance continues that encouraging trend.
“As a bellweather 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.”
Eurostar announced last month that it was planning to launch services from London to Amsterdam from 2016.