Loss of turnover for sector hotels and restaurants

26/08/2010 15:00
  • Marginal turnover loss for hotels, cafeterias and pubs
  • Turnover loss restaurants still dramatic

In the second quarter of 2010, the sector hotels and restaurants performed better than in the preceding five quarters. Sales dropped by 3.1 percent relative to the second quarter of 2009 and turnover volume dropped by 5.1 percent. The average price increase on one year previously was 2.1 percent. According to the latest figures released by Statistics Netherlands, the poorest results in the sector were achieved by restaurants.

Hotels, cafeterias and pubs realised better results in the second quarter than in the first quarter of 2010. Turnover dropped by an average of nearly 1 percent in the second quarter compared to the second quarter of 2009.

Unlike other branches in the sector, restaurants still perfomed very poorly. Turnover plummeted by 7.7 percent relative to one year previously. Restaurants achieved the poorest results since the decline set in in the second quarter of 2008. Restaurant prices increased by an average of 1.6 percent. The volume of sales was 9.2 percent down on the second quarter of 2009.

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