The 2024 Q3 Hospitality Sales Snapshot provides top line statistics on the hospitality industry.
With data sourced from Statistics New Zealand and the Restaurant Association, the Q3 Report provides relevant data on the state of the hospitality industry.
Selected highlights:
- The third quarter of 2024 reported a 0.8 per cent decline over the year previous.
- Total sales for the industry over the third quarter of 2024 were $3.83 billion.
- Dollar value of sales for the restaurant and cafe sector over the third quarter of 2024 was $1.84 billion.
- Regionally, revenue growth vs the previous year in the Queenstown-Lakes region was most significant for the third quarter of 2024 (8.64 per cent).
The 2024 Q3 Hospitality Sales snapshot includes:
- Quarterly sales data by sector for Q3 (restaurants & cafés; pubs, taverns & bars; catering; food to go; and clubs), showing sales trend over previous year and previous quarter
- Regional outlook for sales for Q3 covering the following regions: Northland Region, Auckland Region, Waikato Region, Bay of Plenty Region, Gisborne Region, Hawke’s Bay Region, Taranaki Region, Manawatu-Wanganui Region, Wellington Region, West Coast Region, Tasman Region, Nelson Region, Marlborough Region, Kaikoura, Canterbury Region excl Kaikoura, Otago Region excl Queenstown-Lakes, Queenstown-Lakes, Southland Region
If you are not a member of the Restaurant Association, the 2024 Q3 Report is available for purchase to the wider industry for $60.00 +gst. Let us know if you’d like to talk to one of our team about becoming a member, or click here for more information.