Turnover sector hotels and restaurants 3.2 percent up

• Cafeterias are positive exception
• Pubs and hotels lagging behind
• Highest turnover growth realised in first six months of 2011

According to the most recent figures released by Statistics Netherlands, turnover generated by the sector hotels and restaurants in the fouth quarter of 2011 improved 3.2 percent relative to the corresponding period in 2010. This is mainly due to higher prices. The volume of turnover rose marginally by 0.6 percent. Restaurants and cafeterias contributed most to the turnover growth in the fourth quarter.

All branches in the sector hotels and restaurants realised turnover growth in the fourth quarter. Cafeterias achieved the best results with a turnover growth of 7.5 percent relative to one year previously. Cafeteria prices were 3.2 percent up, the volume of sales improved by 4.2 percent. Turnover growth of restaurants was 4 percent.

Hotels and pubs performed rather poorly compared to other food outlets. Turnover growth of hotels and pubs was 0.8 and 1.1 percent respectively. Pub prices rose by 2.4 percent, the volume of sales was 1.3 percent below the level of twelve months previously.

Throughout last year, the sector hotels and restaurants realised a turnover growth of 4.9 percent relative to one year previously. In 2010, the sector faced a turnover loss of nearly 1 percent. The most substantial turnover growth was recorded in the first two quarters of 2011. In the latter half of last year, turnover growth was reduced by more than half. This did not apply to cafeterias.