2020 quarterly Hospitality Report: 4th Quarter 2020

The Restaurant Association’s Hospitality Report is an essential guide to New Zealand’s hospitality industry, presenting annual reporting and data over the last 5 years with a sub-focus more recently on quarterly trading information. In 2021 we are introducing new mini-reports to look specifically at quarterly data for the industry, providing a snapshot of the industry’s sales performance.

Here are a few headlines:

• $1.7 Billion The dollar value of sales for the Restaurants and Cafes sector over the 4th quarter of 2020. This represents a 51.2 per cent market share overall.
• $18.4 Million  The Waikato region had the highest increase in dollar value sales for the 4th quarter of 2020. This increase of $18.4 million vs 2019 represents a 7.2 per cent increase for the region.
• -27.5% The Queenstown / Southern Lakes region reported a 27.5 per cent decline in sales revenue over the 4th quarter of 2020 vs 2019.

Restaurant Association members can download the full free electronic copy of the 2020 Hospitality Report and 4th Quarter Update.

If you are not a member of the Restaurant Association, the 2020 Hospitality Report is available for purchase to the wider industry for $150.00 +gst and the 4th Quarter Update is only $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.