Again turnover growth in sector hotels and restaurants
Relative to 2015, the sector hotels and restaurants recorded an 6.5 percent turnover growth. Such a high growth rate has not occurred since 2001.
Hotels show biggest growth
Hotels achieved the highest turnover growth in Q4, by 2 percent. Snack bars, tearooms, fast food restaurants, meal delivery services and ice-cream parlours saw 1.4 percent turnover growth in Q4. Restaurants realised a turnover growth of 0.6 percent. However pubs (also including pubs serving meals and coffee bars) showed an turnover decline.
|Sector hotels and restaurants||0.9||0.8|
Highest turnover growth in 16 years
Relative to 2015, the sector hotels and restaurants recorded an 6.5 percent turnover growth. Such a high growth rate has not occurred since 2001. The volume of sales grew by an average of 3.9 percent.
With almost 10 percent, snack bars had the highest growth rate compared to 2015. Snack bars (chips, sandwiches and other snacks) have never achieved such high growth figures. Restaurants and pubs achieved also turnover growth, by more than 6 and almost 6 percent respectively.
- Dossier - Business Cycle