TravelMole - The Online Community for the Travel and Tourism Industry
 Welcome back, DavidNot you?
LATEST: German airline sees big leap in profits US WebSite ASIA/PACIFIC WebSite
RSS
THE MOLE POLL
Should the BA cabin crew who have taken strike action get their travel concessions back ?

Yes No

BOOK
NEWSWIRE
AD ONLINE
PRESS ZONE
WHO'S WHO
YOUR
COMMENTS
LIVE AT
       THE MOLE
CAREER ZONE
CONTRIBUTE
Story, Photo, Video
CALENDAR OF
EVENTS
FORUM /
DEBATE
QUESTION
TIME
spacer
spacer
spacer
spacer
News Printable version   Email to a Friend
16 April, 2009 Adjust font size: Increase Font Size Decrease Font Size
 
Eurostar sales down
Comments: 3

Eurostar passenger numbers dropped 11.5% to 1.92 million in the first three months of 2009.

Sales for the period were £168.1 million, down 5.8% on the same period last year.

The high-speed operator blamed the decreases on the Eurotunnel fire, which forced it to reduce its services.

It said business traffic was also impacted by the global economic downturn.

Reduced demand and customers down-trading pushed business sales down 20%.

Eurostar said since the full opening of the tunnel on February 23, it was able to resume full promotional campaigns in its three core markets “which has already lead to a significant increase in leisure sales”.

“Indeed, set against a challenging economic environment, leisure sales were up 2.2% in a first quarter which had just five weeks of full service operation,” it said.

“In France and Belgium one of the key factors in stimulating travel has been the favourable exchange rate for euro-zone visitors to London and other parts of the UK.”

Chief executive Richard Brown said: “The downturn may be depressing business travel but it is having the opposite effect on the leisure market, with more people wanting to get away from it all to relax, recharge the batteries and spend time with loved ones.

“Like other businesses, we must reduce our costs to meet the new economic realities. We are also preparing for the challenges and opportunities of on-rail competition from January 2010.

“We are determined to continue growing our markets and we will be fully ready to compete head-on with any new competitor on our routes.”

The return to normal operations through the tunnel enabled Eurostar to achieve punctuality of 96% between February 23 and the end of March.

By Bev Fearis
 
 
 RELATED STORIES
 MORE 16 APR BREAKING NEWS
 BOOKMARK with Digg, Facebook, Reditt...
 
 
Printable version   Email to a Friend
 
Add a Comment
 
CONTRIBUTE STORY, PHOTO, VIDEO Contribute story, photo, video

Categories: Business Travel, Travel Agent, Airline, Destination

 
USER COMMENTS
 
Karl Hendrie
17 April 2009, 14:30:45 GMT
Well...Yes they are more expensive...
Here's a quick price compare; Based on 2 people travelling to Paris 08/05/09 for one week, prices in GBP - Easyjet 176.00 return - P&O (inc car, add fuel to this) 95.00 - Eurostar 296.00 - 120.00 cheaper is a lot of cash in anyones wallet. Allan's point about factoring in costs of getting to the airport is OK but not really valid seeing as you still have to travel to the train station. Eurostar offers great service but just a little too pricey for todays punter perhaps which was the original point of the article.

 
Allan Lynch
17 April 2009, 13:41:21 GMT
is it more expensive?
Is Eurostar more expensive? I advise people to use it over flights. When you factor in the cost of getting to and from airports, the time you need to spend at the airport, the congestion and other inconveniences, I find Eurostar costs on a par with flights. And certainly more comfortable, convenient and relaxing.

 
Karl Hendrie
17 April 2009, 10:18:59 GMT
Too expensive
Im not surprised sales are down. Eurostar is (9 times out of ten) the most expensive cross channel service. You can fly or ferry across much cheaper. Of course cheaper alternatives do not offer the same standard of service as Eurostar but with less money about people are willing to make that sacrifice. I know I have.

 
 
Add a Comment
 
 
top
 
 
ADVERTISEMENT
spacer
PRESS ZONE
spacer
WHO'S WHOtop
Meet the TravelMole community
Are you listed? This directory of TravelMole users is a valuable source of information about who is who in the travel and tourism industry. Create your own listing and join the TravelMole network - It's free!
TravelMole TV Box
  TravelMole.TV
   LETTERS TO THE EDITORtop
    Trip Advisor Reviews
    Accomodation assistance please
TravelMole - The Online Community for the Travel and Tourism Industry
© TRAVELMOLE LTD. 2010
Privacy Policy, Including use of cookies . Terms and Conditions . Media Kit. Help . Advertise . Tell a friend. Web design by isd-sign