Hotel and restaurant group Whitbread has announced a 15 per cent increase in sales and 4,300 new hotel rooms for the upcoming financial year.
Premier Inn sales for the year to 14 February 2013 were up 12.9 per cent, while restaurants were up 4.7 per cent and Costa sales 14.8 per cent.
The group was on track to deliver 4,300 new rooms and ten joint site restaurants in the UK this year, with 4,000 new rooms in the next financial year.
320 net new Costa stores were set to be opened in the full year, along with 1,300 Costa Express units.
Andy Harrison, chief executive of Whitbread comments: “For the financial year to date, Whitbread has again delivered outstanding organic growth in a flat consumer market, growing total sales by 14.8%.”
“Our strong brands continue to win market share, supported by our highest ever guest satisfaction scores and rapid expansion of our network.”
“Good like for like sales growth of 3.7% demonstrates the consumer appeal of our brands and also enables us to reinvest in our people and facilities and to grow our estate. We remain on track to deliver full year results in line with expectations.
“We see no change to market conditions, although we expect a more competitive environment. We shall continue to deliver good organic growth and are on track to achieve our 2016 growth milestones.”