Accommodation and catering revenue almost back to pre-COVID level

Accommodation and catering revenue (seasonally adjusted)
2015 Quarter 1 97.07
2015 Quarter 2 99.49
2015 Trimester 3 100.33
2015 Quarter 4 102.77
2016 Quarter 1 103.61
2016 Quarter 2 104.18
2016 Trimester 3 108.19
2016 Quarter 4 108.31
2017 Quarter 1 110.54
2017 Quarter 2 112.58
2017 Trimester 3 113.93
2017 Quarter 4 115.5
2018 Quarter 1 117.82
2018 Quarter 2 120.8
2018 Trimester 3 121.08
2018 Quarter 4 123.52
2019 Quarter 1 122.61
2019 Quarter 2 125.01
2019 Trimester 3 125.75
2019 Quarter 4 128.1
2020 Quarter 1 109.7
2020 Quarter 2 53.1
2020 Trimester 3 109.4
2020 Quarter 4 61.3
2021 Quarter 1 59
2021 Quarter 2 81.4
2021 Trimester 3 125.3

Much more turnover for hotels, restaurants and cafes

In the third quarter of 2021, the accommodation services sector, including hotels and holiday parks, reached 55.9 percentent more turnover than in Q2; hotels have doubled their turnover. Other accommodation providers, including holiday parks and campsites, also increased their turnover in the third quarter, namely 90.3 percentent. The big difference is due to the fact that hotels, unlike holiday parks and campsites, still suffered greatly from the coronavirus crisis in the second quarter.

Food and beverage outlets – including restaurants, cafes and fast food outlets – have reached 52.8 forcent more revenue in the third quarter than in the previous quarter. Here too, major differences are observed. Café turnover increased most strongly, by 89.8%; restaurants recorded 73.2% more turnover. Both have benefited greatly from the further relaxation of measures. Turnover increased by 39.7 percentent for canteens and catering establishments and by 18.4 forcent for fast food restaurants (including snack bars and cafeterias).

Accommodation and catering revenue (seasonally adjusted data), Q3 2021
Accommodation services (total) 55.9
Hotels 102.7
Other Hosting Services 9.3
Food and beverage services (total) 52.8
Coffees 89.8
Restaurants 73.2
Canteens and catering 39.7
Fast food 18.4

Accommodation and catering turnover returns to its level of two years ago

In the third quarter of 2021, accommodation and food service revenue was 14.9percent up from the same quarter of 2020. All industry groups recorded growth. Compared to the third quarter of 2019, revenue remained the same. This recovery can be attributed to restaurants, by far the largest industry in the accommodation and food service sector, fast food restaurants (including snack bars and cafeterias) and other accommodation providers (parks holidays and campsites).

Although hotels recorded almost 14 percentWith more revenue in the third quarter than a year earlier, they remained the farthest from pre-COVID levels of any accommodation and food service industry. Compared to the third quarter of 2019, sales were still almost a quarter lower. Holiday home rental companies and campsites recorded an increase in their turnover of 8.1 percentent compared to Q3 2020 and 16.6 perecent compared to Q3 2019.

AT 30.5 perpercent, the year-over-year revenue increase for canteens and catering establishments was the largest of any industry in the third quarter. However, the turnover was still greater than 14 percentent lower than that of the same quarter two years earlier. Restaurants have reached 17.8 percentent more revenue than in Q3 2020. Compared to Q3 2019, revenue was 10.4 forhundred higher.

Fast food restaurants recorded an increase in turnover of 13.5 forhundred from year to year. Compared to Q3 2019, revenue was 14 perhundred higher. Finally, the cafes turned over 7 peoplercent more than in Q3 2020. However, their revenue was still 4.4 percent lower than two years earlier.

Accommodation and catering revenue, Q3 2021
Accommodation and catering (total) 14.9 0.1
Accommodation services (total) 11.5 -10.8
Hotels 13.9 -23.1
Other Hosting Services 8.1 16.6
Food and beverage services (total) 16.2 4.8
Canteens and catering 30.5 -14.2
Restaurants 17.8 10.4
Fast food 13.5 14
Coffees 7.1 -4.4

About Michael B. Billingsley

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