Eurostar reports continued growth

[John Ashworth]

Eurostar reports continued growth in sales revenues and passenger numbers

Tuesday, April 24, 2012
Travel Daily News

Eurostar has reported a good start to the year, with continued growth in salesrevenues and passenger numbers. It reported that sales revenues are up 7% to £211 million from £197 million in Q1 2011. Passenger numbers are also up 4% to 2.24 million in Q1 2012 from 2.15 million in the same quarter in 2011.

The growth over the last three months has been driven by an increase in leisure travel with business travel in the first quarter of the year remaining broadly flat compared with 2011. In addition to enjoying Eurostar's traditional destinations, passengers looking to travel further afield by high speed rail, have been taking advantage of its highly competitive fares for the train from London to Amsterdam.

Nicolas Petrovic, Chief Executive of Eurostar, said: "The year got off to a strong start with sales revenues and passenger numbers on the up. Our core destinations continue to be a big draw for passengers but we have also seen particularly good take-up of our Amsterdam fares as passengers are increasingly keen to try out new leisure destinations by high speed rail."

As a sponsor of the London 2012 Games, Eurostar is playing a key role in bringing spectators to London and in helping to make the Games a truly international celebration. To mark the London 2012 Festival Eurostar is staging "Traction", an original one-day summer arts festival which will be held in London's newest creative quarter, Granary Square. The venue is a short walk from Eurostar's central London home at St Pancras International.

This unique event will bring together musical, dance and arts performers from across Europe to celebrate the diversity of European talent. The festival is set to be a key attraction for visitors coming from the continent and is already seeing high demand for tickets, with the first tranche selling out within days of their release.

Nicolas Petrovic continued: "We are gearing up for an exciting summer as the nation counts down to the London 2012 celebrations. Bookings for the June bank holiday weekend are looking strong with thousands of visitors coming to London to enjoy the unique pageantry of the Queen's Jubilee. There is no doubt that London is set to have one of its most memorable years on record and we are looking forward to welcoming visitors from around the world to share in the experience."