Again turnover growth in sector hotels and restaurants

28/02/2017 15:00
According to Statistics Netherlands (CBS), hotels, restaurants, snack bars and pubs recorded a 0.9 percent turnover growth in Q4 relative to the preceding quarter. Turnover grows almost 4 years continuously. The volume of sales (refreshments and overnight stays) also increased.

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.

Turnover developments sector hotels and restaurants (seasonally adjusted)
y
103,8
104,7
104,9
105,7
106,3
106,5
105,6
105,2
105
106,6
107,7
108,4
110,2
112,1
113,3
114,9
115,8
119,3
119,7
122,1
122,7
124,7
129
130,1

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.

Turnover developments sector hotels and restaurants, Q4 2016
y
0,9
2
1,4
0,6
-0,5

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.

Turnover developments sector hotel and restaurants

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