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)
Group x-axis ENX-axis ENTurnover (2015=100)Volume (turnover adjusted for price development) (2015=100)
2013Quarter 187.491.3
2013Quarter 289.693.8
2013Quarter 390.894.6
2013Quarter 491.194.5
2014Quarter 193.696.7
2014Quarter 293.896.2
2014Quarter 394.596.6
2014Quarter 495.997.5
2015Quarter 197.198.2
2015Quarter 299.599.9
2015Quarter 3100.3100
2015Quarter 4102.8102
2016Quarter 1103.6101.9
2016Quarter 2104.2102.6
2016Quarter 3108.2105.2
2016Quarter 4108.3104.8
2017Quarter 1110.5105.7
2017Quarter 2112.6106.8
2017Quarter 3113.9106.9
2017Quarter 4115.5108.1
2018Quarter 1117.6109.3
2018Quarter 2120.8111.3
2018Quarter 3121.4110.9
2018Quarter 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
X-as labelTurnover (% change from previous quarter)Volume (turnover adjusted for price development) (% change from previous quarter)
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
 Perioden% entrepreneurs reporting staff shortagesBusiness confidence accommodation and food services
2014Quarter 11.1-4.1
2014Quarter 22.49.5
2014Quarter 32.32.8
2014Quarter 42.94.8
2015Quarter 12.76.8
2015Quarter 22.37.1
2015Quarter 33.810.8
2015Quarter 4613.2
2016Quarter 14.910.3
2016Quarter 25.213.4
2016Quarter 34.69.7
2016Quarter 49.813.3
2017Quarter 19.714.9
2017Quarter 211.319.8
2017Quarter 316.421.5
2017Quarter 418.413
2018Quarter 117.418.4
2018Quarter 219.812
2018Quarter 325.912.3
2018Quarter 430.311.2
2019Quarter 127.711.9

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