The trade-only bed bank’s sales director Paul Riches predicted annual growth of 25% for the company this week as it is on target to accommodate more than 200,000 passengers this year.

He added: "While we still have the "peak selling period" ahead of us, we are confident that we will return our best ever results, both in passenger numbers and profitability.

"This will be an excellent performance against some of the toughest trading conditions the industry has seen for many years."

Riches said of the 200,000 passengers, more than 60% are staying in Bedswithease’s directly-contracted hotels and this figure is expected to grow by up to 75% to 80% over the next few years.

The company recently announced plans to expand their current team of 5 European destination managers with it expected to double over the next 2 years. 

This figure will see the number of their directly contracted hotels, increase from 2,500 to over 5,000 by 2019. 

Riches said: "We are on target with our three-year plan to expand both our product range and our distribution network in U.K., Ireland and across Europe.

"We have concluded some important new distribution deals over the last few months and we should be announcing new strategic partnerships, which will increase our distribution into other key European markets."