Turnover hotels and restaurants nearly 2 percent up

According to Statistics Netherlands (CBS), turnover in the sector hotels and restaurants (including fast food and take away food outlets, pubs and bars) rose by almost 2 percent in Q2 2017 relative to the preceding quarter. Turnover in this sector has increased almost continuously for over four years. The volume of sales (food, refreshments and overnight stays) grew by over 0.5 percent in Q2.

Turnover developments sector hotels and restaurants (seasonally adjusted)
 TurnoverVolume (turnover adjusted for price developments)
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 I123.3111
2016 II124.7111.5
2016 III128.2113.9
2016 IV129.8115.3
2017 I133.2117.3
2017 II135.6118.1

Fast food restaurants show largest turnover increase

Restaurants (including fast food and take away outlets, pubs and bars) and hotels all achieved quarter-on-quarter turnover growth in Q2. Even when adjusted for inflation, turnover as well as the volume of sales grew.

In Q2, the highest turnover growth was achieved by fast food and take away outlets (which also include snack bars, tearooms, meal delivery services and ice-cream parlours) with 2.5 percent. Their turnover has increased for seven quarters in a row, while the volume of sales has grown by 1.8 percent.

Pubs (including pubs serving meals) and bars (including coffee bars) realised quarter-on-quarter growth amounting to 2.2 percent in Q2. In the same quarter, hotels recorded 1.8 percent growth, as they received more tourists and corporate customers.

Restaurants achieved 1.2 percent turnover growth in Q2 while the volume of (inflation-adjusted) sales rose by 0.4 percent. Relative to Q1, restaurants saw their turnover grow by 3.2 percent.

Turnover developments (seasonally adjusted) sector hotels and restaurants, Q2 2017
 TurnoverVolume (turnover adjusted for price developments)
Sector hotels and restaurants1.80.7
Fast food restaurants2.51.8
Pubs2.21.7
Hotels ¹⁾1.8
Restaurants1.20.4

1) Volume developments hotels not available

Over 9 percent year-on-year turnover growth

Relative to Q2 2016, the hotel and restaurant sector realised a turnover growth of 9.1 percent in Q2 2017, the fastest in more than twelve years.Likewise, the increase in volume of sales was the highest in twelve years at 6.3 percent. Relative to the same quarter in 2016, all establishments achieved turnover growth in Q2 2017.

Turnover developments sector hotels and restaurants, Q2 2017
 TurnoverVolume (turnover adjusted for price developments)
Sector hotels and restaurants9.16.3
Fast food restaurants11.77.9
Restaurants9.57.6
Hotels ¹⁾9.1
Pubs5.63.5

1) Volume developments hotels not available

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