Turnover hotels and restaurants nearly 2 percent up
Fast food restaurants show largest turnover increase
Restaurants (including fast food and take away outlets, pubs and bars) and hotels all achieved quarter-on-quarter turnover growth in Q2. Even when adjusted for inflation, turnover as well as the volume of sales grew.
In Q2, the highest turnover growth was achieved by fast food and take away outlets (which also include snack bars, tearooms, meal delivery services and ice-cream parlours) with 2.5 percent. Their turnover has increased for seven quarters in a row, while the volume of sales has grown by 1.8 percent.
Pubs (including pubs serving meals) and bars (including coffee bars) realised quarter-on-quarter growth amounting to 2.2 percent in Q2. In the same quarter, hotels recorded 1.8 percent growth, as they received more tourists and corporate customers.
Restaurants achieved 1.2 percent turnover growth in Q2 while the volume of (inflation-adjusted) sales rose by 0.4 percent. Relative to Q1, restaurants saw their turnover grow by 3.2 percent.
| Turnover | Volume (turnover adjusted for price developments) | |
|---|---|---|
| Sector hotels and restaurants | 1.8 | 0.7 |
| Fast food restaurants | 2.5 | 1.8 |
| Pubs | 2.2 | 1.7 |
| Hotels ¹⁾ | 1.8 | |
| Restaurants | 1.2 | 0.4 |
1) Volume developments hotels not available
Over 9 percent year-on-year turnover growth
Relative to Q2 2016, the hotel and restaurant sector realised a turnover growth of 9.1 percent in Q2 2017, the fastest in more than twelve years.Likewise, the increase in volume of sales was the highest in twelve years at 6.3 percent. Relative to the same quarter in 2016, all establishments achieved turnover growth in Q2 2017.
| Turnover | Volume (turnover adjusted for price developments) | |
|---|---|---|
| Sector hotels and restaurants | 9.1 | 6.3 |
| Fast food restaurants | 11.7 | 7.9 |
| Restaurants | 9.5 | 7.6 |
| Hotels ¹⁾ | 9.1 | |
| Pubs | 5.6 | 3.5 |
1) Volume developments hotels not available
Sources
Related items
- Dossier - Conjunctuur