Motel One announces impressive sales growth of 29%


German budget chain, Motel One’s has revealed its half-year financial results, which shows that sales grew 29% year-on-year to €147m.

The group's total room capacity reached 13,500 and EBITDA rose 22% year-on-year to €43m, up €7m by comparison.

The company, which operates 50 hotels across the UK and Europe, opened five new properties during the first-half, adding 1,446 rooms to its inventory.

Motel One has two UK hotels in Edinburgh and the newly-opened site in Manchester. The British estate wll grow firther when Motel One London-Tower Hill opens in December.

The pipeline for Motel One remains strong with 19 hotels (6,105 rooms) planned.