Turnover accommodation and food services 1.8 percent up

Turnover in the sector accommodation and food services (previously known as the sector hotels and restaurants) rose by 1.8 percent in Q4 2018 relative to the preceding quarter, as reported by Statistics Netherlands (CBS). The volume of sales (food, refreshments and/or overnight stays) rose by 1.7 percent. Turnover in food and beverage services increased by 1.7 percent against 1.9 percent growth in accommodation services.

For almost six consecutive years, turnover in the sector has increased each quarter. In 2018, turnover was up by 6.9 percent relative to 2017, the highest growth since 2001. The volume of sales rose by 3.9 percent in 2018.

Turnover sector accommodation and food services (seasonally adjusted) (2015=100)
 TurnoverVolume (turnover adjusted for price development)
2013 Quarter 187.491.3
2013 Quarter 289.693.8
2013 Quarter 390.894.6
2013 Quarter 491.194.5
2014 Quarter 193.696.7
2014 Quarter 293.896.2
2014 Quarter 394.596.6
2014 Quarter 495.997.5
2015 Quarter 197.198.2
2015 Quarter 299.599.9
2015 Quarter 3100.3100
2015 Quarter 4102.8102
2016 Quarter 1103.6101.9
2016 Quarter 2104.2102.6
2016 Quarter 3108.2105.2
2016 Quarter 4108.3104.8
2017 Quarter 1110.5105.7
2017 Quarter 2112.6106.8
2017 Quarter 3113.9106.9
2017 Quarter 4115.5108.1
2018 Quarter 1117.6109.3
2018 Quarter 2120.8111.3
2018 Quarter 3121.4110.9
2018 Quarter 4123.6112.8

Turnover growth for food and beverage services

In Q4, turnover generated by food and beverage services (including restaurants, fast-food restaurants, canteens, catering companies and cafés) rose by 1.7 percent relative to the previous quarter. The volume of sales increased by 1.4 percent.

Fast-food restaurants recorded the highest turnover growth (3.2 percent). Cafés, restaurants, canteens and catering companies also achieved turnover growth relative to the preceding quarter. However, the volume of sales by canteens and catering fell by 0.8 percent, the first decline in volume over the past two years.

Turnover food and beverages services (seasonally adjusted), Q4 2018 (% change from previous quarter)
 TurnoverVolume (turnover adjusted for price development)
Food and beverages services1.71.4
Fastfood3.22.5
Cafes1.91.3
Restaurants1.21.5
Canteens and catering1.1-0.8

Turnover accommodation services up for two years

Relative to Q3 2018, accommodation services realised a turnover growth of 1.9 percent in the subsequent quarter. As a result, turnover has risen for eight consecutive quarters. Prices slightly decreased, but the volume of sales increased by 2.8 percent.

Turnover generated by hotels grew by 2 percent and the volume by 2.3 percent. Hotels saw an increase in both Dutch and foreign guests at the end of 2018 year-on-year. Turnover generated by other accommodation services, such as holiday homes and campsites, grew by 1.7 percent relative to Q3.

Entrepreneurs positive

Business confidence in the sector accommodation and food services was positive at the start of Q1 2019 and slightly more favourable than one quarter previously. Staffing deficits declined slightly. At the start of Q1 2019, 28 percent of entrepreneurs in this sector reported they were facing impediments in their business operations as a result of understaffing. This percentage has increased rapidly since Q4 2016.

The shortage of suitable personnel is also evident from the 19 thousand outstanding vacancies in the sector accommodation and food services at the end of Q4. The number of bankruptcies in this sector in Q4 was higher than in Q4 2017.

Business confidence and staff shortages sector accommodation and food services
 % entrepreneurs reporting staff shortagesBusiness confidence accommodation and food services
2014 Quarter 11.1-4.1
2014 Quarter 22.49.5
2014 Quarter 32.32.8
2014 Quarter 42.94.8
2015 Quarter 12.76.8
2015 Quarter 22.37.1
2015 Quarter 33.810.8
2015 Quarter 4613.2
2016 Quarter 14.910.3
2016 Quarter 25.213.4
2016 Quarter 34.69.7
2016 Quarter 49.813.3
2017 Quarter 19.714.9
2017 Quarter 211.319.8
2017 Quarter 316.421.5
2017 Quarter 418.413
2018 Quarter 117.418.4
2018 Quarter 219.812
2018 Quarter 325.912.3
2018 Quarter 430.311.2
2019 Quarter 127.711.9

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