According to the Federal Statistical Office, turnover in the hotel and restaurant industry fell by 2.9% and 5.1% in nominal and real terms respectively in July this year as compared to the same month in 2006. Compared to June 2007 turnover fell by 0.5% in nominal and by 0.6% in real terms in July.
Only canteens and caterers generated more turnover in nominal terms than in July 2006 (+1.1%). In real figures, however, turnover also fell here by 1.6%. The other two important sectors of the hotel and restaurant industry, i.e. restaurants (nominal -3.7%; real -6.4%) and hotels (nominal -2.7%; real -4.1%) generated less turnover both in nominal and real figures in July 2007 as compared to the same month last year.