Hotels and restaurants raised their prices by 66.8%

Business income in the non-financial economic sectors in Serbia in the fourth quarter of 2022 was higher by 16.6 percent compared to the same period of the previous year.

According to the data collated by the State Statistics Office, and compared to the third quarter of 2022, the business revenues of the information and communication sector were higher by 23.7 percent compared to 2021. An impressive jump of as much as 66.8 percent was recorded in the revenue generated by the accommodation and catering sector, and 40 percent in the transportation sector.

Expenditures in the fourth quarter of 2022 were higher by 15.9 percent compared to the same period of the previous year. If we compare them with with the third quarter of 2022, their growth amounts to 10.5 percent.

Costs jumped the most in the food and accommodation sector – over 50 percent – while in the information and communication sector, business expenses were higher by 31.8 percent compared to the same period of the previous year.

(Biznis i Finansije, 07.03.2023)

https://bif.rs/2023/03/hoteli-i-restorani-podigli-cene-za-668-odsto/

 

 

 

 

 

 

 

 

 

 

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