German Hospitality Sector Revenues Fall in Disappointing Summer, Survey Finds
Germany's hospitality industry saw revenues fall by 9.3% in July, according to an industry survey published on Tuesday, offering little respite for companies worried about rising costs for labour as well as food and drink.
Hopes for a summer boost were not met, the DEHOGA industry association said on Tuesday, citing the results of its poll of almost 4,000 businesses.
For the months of August and September, 32% of them rated their booking and reservation situation as poor to very poor, versus 23.8% who found...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.