Global passengers drive up sales at Eurostar in first quarter

Global passengers drive up sales at Eurostar in first quarter

Eurostar has reported a positive first quarter in 2017, with sales revenues up 15 per cent year-on-year to £232 million.

The growth was underpinned by a strong performance in the business travel and overseas markets. 

Passenger numbers for the period were also up by two per cent, rising to 2.27 million this year from 2.23 million in 2016.

The increase in travellers originating from markets outside Europe that was reported in the early part of this year continued throughout quarter one, with the number of passengers from the US and the rest of the world growing by 13 per cent and 18 per cent respectively.

Nicolas Petrovic, chief executive, Eurostar, said: “The last quarter has been marked by a resurgence in the number of overseas travellers coming to Europe, buoyed up in part by the favourable exchange rates.

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“With our new-state-of-the-art trains offering increased capacity, we are well-placed to take advantage of the growth in visitors coming to our destinations.”

The business travel market is proving robust with the overall volume of business travellers up by six per cent in the first three months of the year.

This trend is particularly true of the UK, where the volume of business passengers has risen by nine per cent year-on-year in the first quarter.

Over the last year Eurostar has made a significant investment in the London-Brussels service. 

In addition to an extensive renovation of the Eurostar terminal, the company is now introducing the new e320 trains on the London-Brussels route.

From the end of May, passengers travelling between London and Brussels will see a step-change in the travel experience with the enhanced style, technology and features of the new Eurostar fleet.

The introduction of the e320 on the Brussels route and the upgrading of the Eurostar space in Brussels-Midi station are the latest in a series of investments that Eurostar is making in its trains, its stations and its service.