Q2 2021 turnover statistics show return to activity but no definitive recovery for hospitality sector

Indexed turnover and growth rates for the hospitality sector in Q2 2021 by Eurostat leave room for cautious optimism but also show that the sector remains far from achieving full recovery to pre-Covid levels.

For the first time in over one year and a half, sectoral quarterly growth rates are positive across all European markets for which data is available. In the EU27, a growth rate of 67,9% shows that the sector is regaining its form after five successive quarters in double-digit negatives. Growth rates on national markets span from over 200% in Spain to only 8,8% in Germany, as national markets experience significantly different roads back to business-as-usual.

Indexed turnover figures increased in Q2 2021 in the EU27 and in all markets (for which data is available) compared to the previous quarter (Q1 2021) or the same quarter the previous year (Q2 2020), when the hospitality sector felt the full impact of Covid-19 related measures. However, turnover figures remain well below sectoral turnover levels recorded in Q2 before the Covid-19 pandemic – with 2021 turnover levels only 55% of levels recorded in 2019. From 2015 to 2019, Q2 hospitality sector turnover figures consistently increased year on year before shrinking almost threefold in 2020.

Calendar

Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
26
27
28
29
30
31
1
2
3
4
5
6
7
8
9
10
11
13
14
15
16
17
18
20
21
22
23
27
28
29
30
31
1
2
3
4
5
12 Jan
12/01/2023    
11:00 - 12:00
Slides are accessible here: https://www.hotrec.eu/wp-content/uploads/2023/01/Presentation-HOTREC-workshop-on-PPWR-120123.pdf
7th Coordination Meeting Pact for Skills in Tourism
12/01/2023    
15:00 - 16:30
On 12 January 2023 took place another coordination meeting of the Pact for Skills.
19 Jan
19/01/2023    
All Day
HOTREC has joined the RESTWITHEU project focusing on challenges faced by the restaurant industry. First workshop will be held in Lyon on 19/01/2023.
Meeting with DG GROW - Tourism Unit & HOTREC
24/01/2023    
14:00 - 15:00
Main outcome of the meeting available
25 Jan
25/01/2023    
09:30 - 13:00
Hotel Le Chatelain, Brussels EXCOM Slides - 25 Jan. 2023 - NEW List of Participants Expense Claim Template for ExCom Members HOTREC Guidelines for reimbursement [...]
Info session - EU funding opportunities on trainings to be provided to third country nationals’ willing to work in the hospitality sector
26/01/2023    
11:00 - 12:00
Recording of the session; PowerPoint and general note of the meeting available!
Events on 19/01/2023
Events on 24/01/2023
Events on 25/01/2023