Turnover hotels and restaurants 0.5 percent up in Q4

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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 0.5 percent in Q4 2017 relative to the preceding quarter. Turnover in this sector has increased for almost five years. The volume of sales (food, refreshments and/or overnight stays) grew by 0.6 percent in Q4.

Simultaneously with the publication of Q4 data, annual figures become available. In 2017, turnover in the sector hotels and restaurants was up by 7.4 percent compared to 2016, and matched the record growth in 1999.

Turnover sector hotels and restaurants (2010=100)
 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 II135.7118.2
2017 III137.2119.1
2017 IV137.8119.8

Hotels show largest turnover increase

Turnover and the volume of sales (turnover adjusted for inflation) generated by hotels and fast food restaurants rose in Q4 compared to Q3. Hotels recorded the highest turnover growth (3.3 percent). Fast food restaurants (including fast food and take away outlets, pubs and bars) achieved a turnover growth of 1.1 percent. Their volume of sales grew by 0.5 percent.

Restaurants, on the other hand, recorded 1.2 percent less turnover and 1.7 percent less volume of sales in Q4 compared to Q3. In the previous eight quarters, they achieved turnover growth. Turnover in pubs (including pubs serving meals) and bars (including coffee bars) fell by 0.3 percent. Their volume of sales was down by 0.6 percent. In the previous four quarters, they achieved turnover growth.

Turnover sector hotels and restaurants (seasonally adjusted), Q4 2017 (% change from previous quarter)
 TurnoverVolume (turnover adjusted for price developments)
Sector hotels and restaurants0.50.6
Hotels *3.3
Fastfood1.10.5
Pubs-0.3-0.6
Restaurants-1.2-1.7
* Volume developments hotels not available

Almost 7 percent year-on-year turnover growth in Q4

Relative to Q4 2016, the hotel and restaurant sector realised a turnover growth of 6.8 percent in Q4 2017. The increase in volume of sales was 4.4 percent. Relative to the same quarter in 2016, all establishments achieved turnover growth in Q4 2017.

The increase in turnover for 2017 was 7.4 percent, equal to the record growth in 1999. Volume of sales grew by 4.9 percent in 2017.

Turnover sector hotels and restaurants, Q4 2017 (year-on-year % change)
 TurnoverVolume (turnover adjusted for price developments)
Sector hotels and restaurants6.84.4
Hotels *10.1
Fastfood7.14.4
Restaurants6.54.3
Pubs3.11.7
* Volume developments hotels not available

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