CEO of Travelodge Peter Gowers said “uncertainty” towards the end of 2016 had a negative impact on the industry but since then the market had “bounced back”.
Mr Gowers attributed the results to a weaker pound which has attracted tourists, particularly to London.
Speaking on Sky News, he said: “There was a little bit of uncertainty in the back end of last year, post-Brexit vote and also I think there were a lot of fears about terrorism in mainland Europe last year, which depressed things a little bit in the third and fourth quarter.
“It’s bounced back very strongly though at the start of this year, particularly here in London.
Peter Gowers said the hotel industry had seen a strong start to 2017 thanks in part to Brexit
It’s been a strong start to the year, particularly in London
“It’s been a strong start to the year, particularly in London as a benefit from the weaker value of Sterling.
“That’s seen a lot more inbound tourism to London and I think that has helped to recover and actually fears have somewhat abated despite recent events and we’re seeing pretty strong conditions in London right now.”
He added the Government needed to “think seriously” about post-Brexit plans for EU workers in the UK, which could include a “guest worker programme”, which would allow foreign workers to temporarily live and work in the UK should they be required.
A total of 30 per cent of Travelodge’s staff are from European Union member states.
Brexit Negotiations: Britain's sternest enemies Tue, April 4, 2017
According to a new index, the EU27 countries fall into three groups: hard-core, hard and soft. These are the countries with the highest scores which indicate a fairly strong opposition to Britain’s position
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France has the highest score in the index at 32.5
Meanwhile, the chief executive of one of the biggest leisure firms in the Asia Pacific said it was the “perfect time” to invest in the UK due to a weaker pound.
Dillip Rajakarier, CEO of Minor Hotels, which has more than 150 hotels in 24 countries, said he would seek the “opportunities” of Brexit and set up a hotel within the next two years.
Mr Rajakarier added tourism figures were strong and now was the right time to invest in the group's first hotel in Britain.