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...

 

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