Turnover in the hospitality industry in December 2003 2,9% below the previous year

Lost more than 5% in the year as a whole

 According to information from the Federal Statistical Office, turnover in the hospitality industry in Germany in December 2003 was nominally (at current prices) 2,9% and in real terms (at constant prices) 3,6% lower than in December 2002. After calendar and seasonal adjustment of the data ( Berlin procedure 4 - BV 4) was sold in nominal terms 2003% and real 1,0% less than in November 1,1.

In 2003 as a whole, companies in the hotel and restaurant industry had a nominal turnover of 4,9% and in real terms 5,8% less than in 2002. This result corresponds almost exactly to the estimate of January 16, 2004. Thus, for the second year in a row, the hospitality industry recorded lower sales compared to the previous year (2002 compared to 2001: nominal - 4,6%, real - 8,1%).

In December 2003 only the canteens and caterers, which also include the suppliers of the airlines, achieved nominal and real higher sales than in the same month of the previous year (nominal + 1,1%, real + 0,3%). In contrast, in the accommodation industry (nominal – 0,2%, real – 1,3%) and in the restaurant industry (nominal – 5,1%, real –5,5%), nominal and real turnover was lower than in December 2002.

Source: Wiesbaden [destatis]