Motel One grows sales by 16.3%
German design-led budget brand Motel One has announced a 16.3% increase in turnover for the first half of the year across its 53-strong portfolio.
Sales rose from £128m to £149m, while occupancy rates for the Munich-based company also grew marginally from 73% to 74%, according to the company's financial results for the six months to 30 June 2016.
During the period, Motel One opened a 222-bedroom hotel on Newcastle, marking the fifth property for the business in the UK, alongside two hotels in Edinburgh and one each in Manchester and London.
With hotels currently located in Germany, Austria, Belgium, the Netherlands and the Czech Republic, as well as the UK, the brand has plans for a further 25 sites across Europe, including a second hotel in Manchester and one in Glasgow.
In April, Motel One launched a pilot project to aid the integration for refugees in Munnich. Eight refugees were offered a preparatory training internship and an intensive German course, with the aim of accepting them onto as two-year hospitality training course.
Motel One was founded in 2000 by chief executive Dieter Muller.
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