Q2 2021: sharp turnover rebound for accommodation and food services

Substantially more turnover for hotels, restaurants and cafés

In Q2 2021, the accommodation services sector, including hotels and holiday homes, achieved 25.4 percent more turnover than in Q1; hotels recorded over 60 percent more . Other accommodation providers including holiday homes and camp sites also gained turnover in Q2, namely 2.8 percent. In Q1, hotels still achieved much less turnover relative to the previous quarter whereas turnover was already up in Q1 2021 for holiday parks.

The food and beverage outlets – including restaurants, cafés and fast food restaurants – achieved 42.6 percent more turnover in Q2 than in the previous quarter. Here, too, major differences are seen. Café turnover increased most strongly at 156.1 percent; restaurants recorded 70.9 percent more turnover. Both benefited greatly from the relaxation of measures. Turnover was up by 14.7 percent for fast food restaurants and by 8.4 percent for canteens and catering establishments.

Accommodation and food services turnover up by over 50 percent year-on-year; still far from former levels

In Q2 2021, turnover in accommodation and food services was 52.6 percent up on the same quarter of 2020. However, it was over 35 percent smaller relative to Q2 2019. Pre-COVID levels are still a long way off.

Relative to Q2 2020, the turnover increase was most substantial for hotels at 82.2 percent, although this was still 61.8 percent lower than in the same quarter two years previously (before the coronavirus pandemic). Of all industry groups in the accommodation and food services sector, hotels also remained furthest from their pre-COVID levels. However, the turnover of other accommodation services such as holiday parks has returned to the level of two years ago. Holiday accommodation rental companies and camping sites not only recorded a turnover increase of 74.3 percent compared to Q2 2020, but also a small increase of 0.3 percent on Q2 2019.

Likewise, year-on-year turnover gains were high at restaurants (56.5 percent), cafés (48.8 percent), fast food restaurants (37.7 percent), and canteens and catering establishments (35.1 percent); but similar to hotels, food and beverage services still lagged behind the level of two years ago. Only fast food restaurants, e.g. snack bars and cafeterias, kept turnover losses relative to two years ago fairly limited.