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Eurostar highlights early year growth

 

Eurostar says it has enjoyed a strong start to 2017 after passenger numbers dropped during the previous year.

The operator says sales revenues for the first 10 weeks of the year are up by 12%, after it saw a surge in late bookings towards the end of 2016 and reported its busiest ever December.

During 2016 passenger numbers dropped by 4% in the aftermath of terrorist attacks in Europe, with sales revenues down by 8% at constant exchange rates. As a result, the company cut a number of services from its timetable in December. Tough trading conditions and lower demand resulted in Eurostar making an underlying operating loss of £25 million during 2016.

Eurostar has reported a surge in the number of US travellers, up by 17% compared to the same period in 2016, while the business market has also grown, with the number of business travellers from the UK up by 4% year-on-year during the first 10 weeks of 2017.

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