According to data from the Central Statistics Office (CSO), the value of accommodation and food service activities increased both monthly and annually in January of 2022.
Monthly And Year-On-Year Increases
A statement published on the CSO's website said that the value of accommodation and food service activities increased by 1.5% monthly in January of this year, and by 145.6% annually.
Pre-Pandemic Comparison
However, the statement published on the CSO's website also said that the value of accommodation and food service activities in January of 2022 was 35.2% lower than in pre-COVID-19 pandemic January of 2020, and that the volume of accommodation and food service activities in January of 2022 was 38.5% lower than in pre-COVID-19 pandemic January of 2020.
© 2022 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.