Turnover accommodation and food services in Q2 2022 above pre-COVID level

© Hollandse Hoogte / Bert Spiertz
In Q2 2022, turnover in the accommodation and food services sector rose by 31.3 percent relative to the previous quarter, as reported by Statistics Netherlands (CBS). This was mainly due to the discontinuance of the measures against the spread of coronavirus. The volume (turnover adjusted for price changes) increased by 29 percent. Both turnover and volume were higher in the second quarter of 2022 than before, for the first time since the outbreak of the coronavirus crisis.

Relative to Q2 2021, turnover in the accommodation and food services sector was 84.7 percent higher. Last year, however, the sector was still affected by coronavirus measures during the second quarter.

Turnover accommodation and food services (seasonally adjusted)
YearQuarterTurnover (2015=100)
2015Quarter 197.07
2015Quarter 299.49
2015Quarter 3100.33
2015Quarter 4102.77
2016Quarter 1103.61
2016Quarter 2104.18
2016Quarter 3108.19
2016Quarter 4108.31
2017Quarter 1110.54
2017Quarter 2112.58
2017Quarter 3113.93
2017Quarter 4115.5
2018Quarter 1117.82
2018Quarter 2120.8
2018Quarter 3121.08
2018Quarter 4123.52
2019Quarter 1122.61
2019Quarter 2125.01
2019Quarter 3125.75
2019Quarter 4128.1
2020Quarter 1109.7
2020Quarter 253.1
2020Quarter 3109.4
2020Quarter 461.3
2021Quarter 159
2021Quarter 281
2021Quarter 3124.3
2021Quarter 4102.3
2022Quarter 1112.7
2022Quarter 2147.9

Significantly more turnover at hotels, cafés and restaurants

Seasonally adjusted turnover in accommodation services including hotels and holiday parks rose by 37.9 percent in Q2 2022 compared to the previous quarter. Hotels had almost 61 percent more turnover than in the previous quarter. The turnover of other accommodation services including holiday parks and campsites increased less significantly (by 2.5 percent). This is because hotels have been hit much harder by the coronavirus crisis than other accommodation services.

Turnover of food and beverage outlets increased by 29.1 percent compared to the previous quarter. All underlying branches recorded turnover growth. Cafés saw the sharpest increase: 48.9 percent. Restaurants achieved 36.2 percent more turnover than in the previous quarter. Both branches benefited greatly from the abolition of the measures. Turnover of fast food restaurants (including snack bars and cafeterias) increased by 5.8 percent compared to the previous quarter. Canteens and catering achieved 34.5 percent more turnover.

Turnover accommodation and food services (seasonally adjusted), Q2 2022
 change (quarter-on-quarter % change)
Accommodation services (total)37.9
Hotels60.8
Other accommodation services2.5
Food and beverages services (total)29.1
Cafés48.9
Restaurants36.2
Canteens and catering34.5
Fast-food restaurants5.8

Turnover in accommodation and food services up by almost 85 percent year on year

In Q2 2022, turnover in accommodation and food services was 84.7 percent up on the same quarter of 2021. The substantial growth is due to the fact that the sector was still severely affected by the coronavirus measures during the second quarter of last year. Restrictive measures had already been relaxed considerably in the first quarter of 2022 and were lifted completely in the second quarter. For the first time since the coronavirus crisis, turnover was also higher than in the same quarter before the crisis. Compared to Q2 2019, turnover was almost 19 percent higher.

Hotels recorded 172.4 percent more turnover in Q2 than one year previously. Compared to Q2 2019, turnover was almost 6 percent higher. Holiday accommodation rental companies and camping sites recorded a turnover increase of 27 percent compared to Q2 2021 and over 20 percent compared to Q2 2019.

The year-on-year turnover increase at cafés was 134.4 percent in Q2. This is the largest increase in turnover of all branches, except for hotels. Turnover was more than 19 percent higher than in the same quarter of 2019. Restaurants achieved 94.5 percent more turnover year on year. Compared to Q2 2019, turnover was up by almost a quarter.

Fast food restaurants recorded a year-on-year turnover increase of 32.2 percent. Relative to Q2 2019, turnover was 28.3 percent higher. Finally, canteens and catering achieved over 83 percent more turnover than one year previously. Their turnover was 13.6 percent higher than in Q2 2019.

Turnover accommodation and food services, Q2 2022
 Compared to Q2 2021 (% change)Compared to Q2 2019 (% change)
Accommodation and food services (total)84.718.7
Accommodation services (total)105.69.5
Hotels172.45.7
Other accommodation services2720.2
Food and beverages services (total)77.822.6
Cafés134.419.3
Restaurants94.524.3
Canteens and catering83.213.6
Fast-food restaurants32.228.3

Entrepreneurs in accommodation and food services less positive

At the start of Q3 2022, business confidence showed a decline in most industries. Nevertheless, it remained positive in all industries. The strongest decline was seen in accommodation and food services. Entrepreneurs in this sector were considerable less positive about their turnover in the next three months and more negative about the economic climate in the next three months, compared to the previous quarter. Since the outbreak of the coronavirus pandemic, business confidence (the percentage balance of positive and negative answers) has been volatile, partly on account of COVID-19 measures.

Business confidence index accommodation and food services
   Business confidence index
Quarter 41.9
2020Quarter 10.2
2020Quarter 2-84.3
2020Quarter 3-52.4
2020Quarter 4-27.4
2021Quarter 1-57.1
2021Quarter 2-32.6
2021Quarter 339.8
2021Quarter 434.5
2022Quarter 1-35.3
2022Quarter 240.9
2022Quarter 315.5
Source: CBS, EIB, KVK, MKB-Nederland, VNO-NCW