Hefty rise in turnover for hotels and restaurants
- Volume growth in all branches
- Largest turnover rise for cafeterias
Hotels and restaurants in the Netherlands booked 6.2 percent more turnover in the first quarter of 2011 than in the same quarter last year. The increase was caused mainly by a larger volume of trade. The volume was 3.7 percent up on twelve months previously. Prices were 2.4 percent higher, according to figures released today by Statistics Netherlands.
All branches in the hotel and restaurant sector had higher turnovers than in the same period last year. Cafeterias realised the largest growth in turnover: 7.8 percent up on last year. Here, too the increase was mostly the result of the increase in volume. The volume in this branch was 5 percent higher than in the first quarter of 2010.
For restaurants, turnover growth was 5.8 percent. Prices were 2.2 percent higher, the volume was 3.5 percent larger. It was the first time volume grew for restaurants for more than three years. The volume in cafés, pubs etc. rose more modestly than in other branches, by 1.8 percent.
Turnover in hotels was 6.7 percent higher in the first quarter of 2011 than twelve months previously. This growth was smaller than in the previous quarter, when turnover rose by nearly 10 percent.