Hospitality Sector Sales Plummet to Lowest Post-Pandemic Levels in March 2026
Economy / Finance

Hospitality Sector Sales Plummet to Lowest Post-Pandemic Levels in March 2026

According to preliminary results released by the Federal Statistical Office (Destatis) on Wednesday, the hospitality industry in Germany saw revenues in March 2026 drop both in real terms by 2.2% and in nominal terms by 1.3% when compared to February 2026, after adjusting for calendar and seasonal variations. When looking at year-on-year changes, revenues fell in real terms by 5.2% compared to March 2025, although they rose by 2.5% nominally. These figures place the real revenue for the hospitality sector at its lowest point since March 2022, when the effects of the COVID-19 crisis were still noticeable.

Looking back at February 2026, the sector recorded a real increase of 0.2% compared to January 2026 (a revision in the preliminary figures, updated from a 0.0% figure). Nominally, sales rose by 0.5% over January 2026 (revised from 0.4%).

Within this sector, hotels and other accommodation services reported that revenues for March 2026 decreased by 5.6% in real terms and 3.4% nominally compared to February 2026. Compared to the previous year, March 2025, the accommodation sector saw a real decline of 4.2%, alongside a nominal increase of 2.6%.

In the food service industry (gastronomy), revenues fell by 0.1% in real terms and rose by 0.2% nominally between February 2026 and March 2026. Furthermore, when compared to March 2025, the culinary sector experienced a significant real decline of 5.7%, offset by a nominal increase of 2.3%.