Strong turnover growth in sector hotels and restaurants

According to Statistics Netherlands (CBS), hotels, restaurants, snack bars and pubs recorded a 2.6 percent turnover growth in Q3 relative to the preceding quarter. Restaurants, pubs and snack bars performed particularly well. The volume of sales (refreshments and overnight stays) increased. The sector boasted a record growth of 8.8 percent relative to Q3 2015.

Turnover developments sector hotels and restaurants (seasonally adjusted)
Turnover developments sector hotels and restaurants (seasonally adjusted)
 TurnoverVolume (turnover adjusted for price developments)
2011 I103.8102
2011 II104.7102.2
2011 III104.9102.1
2011 IV105.7102.3
2012 I106.3102.6
2012 II106.5101.9
2012 III105.6100.9
2012 IV105.2100.3
2013 I10599.5
2013 II106.6100.7
2013 III107.7101.1
2013 IV108.4101.6
2014 I110.2103.2
2014 II112.1104.5
2014 III113.3105.3
2014 IV114.9106.6
2015 I115.8106.9
2015 II119.3109.6
2015 III119.7109.2
2015 IV122.1110.9
2016 I122.7110.5
2016 II124.7111.6
2016 III127.9113.9

Restaurants and pubs show biggest growth

Restaurants and pubs achieved the highest turnover growth, by 3.5 and 3.4 percent respectively. In both branches, growth was also higher than in the first two quarters of 2016. Pubs (also including pubs serving meals and coffee bars) showed an unprecedented turnover growth. Unlike in other branches in the sector hotels and restaurants, the volume of sales is still below the pre-recession level.

Snack bars, tearooms, fast food restaurants, meal delivery services and ice-cream parlours saw 2.7 percent turnover growth in Q3. Fast food chains and providers of meal delivery services in particular performed better than in Q2.

Hotels realised a modest turnover growth of 0.2 percent, which is less than in other parts of the sector and also below the level of the preceding quarters.

Turnover developments sector hotels and restaurants, Q3 2016
Turnover developments sector hotels and restaurants, Q3 2016
 TurnoverVolume
Sector hotels and restaurants2.62
Restaurants3.53
Pubs3.42.9
Snackbars2.72.3
Hotels*0.2

*development in volume of hotels not available

Record turnover growth sector hotels and restaurants

Relative to Q3 2015, the sector hotels and restaurants as a whole recorded an 8.8 percent turnover growth. Such a high growth rate has not occurred since Q1 2007. With more than 13 percent, snack bars had the highest growth rate compared to last year. Snack bars (chips, sandwiches and other snacks) have never achieved such high growth figures.

On average, prices in the sector hotels and restaurants were 2.7 percent above the level of the same period last year. The volume of sales grew by an average of 6 percent.

Turnover developments sector hotels and restaurants
Turnover developments sector hotels and restaurants
 Series 0
2007 I8.7
2007 II6.7
2007 III2.5
2007 IV3.1
2008 I2.7
2008 II0.4
2008 III-0.8
2008 IV-3
2009 I-5.8
2009 II-5.7
2009 III-4
2009 IV-5.7
2010 I-5.6
2010 II-3.4
2010 III0.7
2010 IV3.4
2011 I6.2
2011 II7
2011 III3
2011 IV3.3
2012 I3.4
2012 II1.4
2012 III0.7
2012 IV-0.9
2013 I-3.2
2013 II0.6
2013 III2.5
2013 IV3.3
2014 I7
2014 II4.9
2014 III4.5
2014 IV5.5
2015 I3.5
2015 II6.3
2015 III6.2
2015 IV7.1
2016 I7
2016 II4.9
2016 III8.8

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