Turnover hotels and restaurants over 1 percent up in Q3

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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 1.2 percent in Q3 2017 relative to the preceding quarter. Turnover in this sector has increased for over four years. The volume of sales (food, refreshments and overnight stays) grew by 0.6 percent in Q3.

Fast food restaurants show largest turnover increase

Restaurants (including fast food and take away food outlets, pubs and bars) achieved quarter-on-quarter turnover growth in Q3. The volume of sales (turnover adjusted for inflation) also grew. In Q3, the highest turnover growth was achieved by fast food and take away food outlets (which also include snack bars, tearooms, meal delivery services and ice-cream parlours) with 1.9 percent. Their volume of sales grew by 1.2 percent. Restaurants achieved 1.8 percent turnover growth in Q3, while the volume of sales rose by 1.4 percent.

Pubs (including pubs serving meals) and bars (including coffee bars) realised quarter-on-quarter growth amounting to 0.9 percent in Q3. Their volume of sales grew by 0.6 percent. Turnover in hotels remained unchanged in Q3 compared to the preceding quarter. In Q2, hotels recorded 1.8 percent turnover growth.

1) Volume developments hotels not available

Over 6 percent year-on-year turnover growth

Relative to Q3 2016, the hotel and restaurant sector realised a turnover growth of 6.2 percent in Q3 2017. All establishments saw their turnover increase. The increase in volume of sales was 3.2 percent. Turnover and volume of sales in the sector has grown for over four years.

1) Volume developments hotels not available

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