Turnover in Montenegro's restaurants and hotels increases by 15.4% y/y in Q2.

By bne IntelliNews August 28, 2012
Turnover in restaurants and hotels in Montenegro registered a seasonal increase of 15.4% y/y in current prices in the second quarter of 2012, the statistical office reported. In Q1, the turnover fell by 5.9% y/y. Turnover growth was driven by increased consumption of alcoholic and non-alcoholic drinks (up by 88.7% y/y), higher revenues from food and drinks(up by 18.3% y/y) and nights spent at restaurants (up by 17% y/y).

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