FY15/16 in line with expectations despite a deceleration in the competitive London hotel market The group revealed a strong set of FY15/16 results (fiscal year ended on 03/03/2016) in spite of the top-line growth deceleration for Premier Inn, due to a tougher London market, marked by growing room supply and competition from Airbnb. Group sales rose by 3% lfl (+12% reported), strongly backed by Premier Inn (+4.2% lfl) and Restaurants (+3.5% lfl) while UK equity stores at Costa recorded a 2.9% ....