Higher turnover for sector hotels and restaurants

• Higher turnover for hotels, restaurants and cafeterias
• Cafeterias again account for highest turnover growth
• Turnover pubs fairly stable

The most recent figures released by Statistics Netherlands show that turnover generated by the sector hotels and restaurants improved 2.9 percent in the first quarter of 2012 relative to the same period one year previously. Higher prices and volume growth both account for half of the turnover increase.

Within the sector hotels and restaurants, cafeterias realised the highest turnover growth, just as in previous quarters. Turnover grew by 5.3 percent from one year previously. Prices and volume rose by 2.7 and 2.5 percent respectively. Hotels and restaurants also performed better in the first quarter. Turnover generated by restaurants was 3.7 percent higher, restaurant prices were 2.3 percent up from one year previously and the volume was 1.4 percent higher.

Pubs performed poorly in the first quarter of 2012 in comparison to other branches in the sector. Volume declined by 2 percent relative to one year previously; the average price increase was 2.2 percent in the first quarter, resulting in a very modest turnover growth by 0.2 percent.