Catering and accommodation services sector demonstrates high growth  rates

ArmInfo.The outbreak of coronavirus pandemic in Armenia in early 2020 dealt a powerful blow primarily to the tourism sector, since the restrictive measures  introduced during the state of emergency aimed at preventing the  spread of the virus included the closure not only interstate borders,  but also intercity and intercommunal borders, as well as the  temporary suspension of the activities of facilities of catering and  accommodation.

As a result, Armenia's tourism sector has still not been able to  recover. According to statistics, the tourist flow decreased in H1  2021 by 22.2% per annum - to 239.3 thousand people, with a decrease  in domestic tourism by 28.4% - to 59.5 thousand people. But catering  and accommodation services registered high growth rates in the first  half of 2021.

In particular, in the reporting period, 72.2 billion drams (138.4  million US dollars) were provided from the catering and housing  sector, ($ 138.4 million, with a change in the y-o-y dynamics from a  decline of 42.6% to an increase of 62.5%.  ЏаЁ н⮬, Ї® з бвЁ  ®аЈ ­Ё§ жЁЁ Їа®¦Ёў ­Ёп гб«гЈ Ўл«® ЇаҐ¤®бв ў«Ґ­® ­  10.6 ¬«а¤. ¤а ¬®ў  (б ўл室®¬ Ј®¤®ў®© ¤Ё­ ¬ЁЄЁ Ё§ 61,2%-Ј® бЇ ¤  ­  45,3%-л© а®бв), Ё§  Є®Ёе 95,2%  ЇаЁи«Ёбм ­  ¤®«о Ј®бвЁ­Ёж - 10.1 ¬«а¤. ¤а ¬®ў (б ўл室®¬  Ј®¤®ў®© ¤Ё­ ¬ЁЄЁ Ё§ 59,9%-Ј® бЇ ¤  ­  15,4%-© а®бв).

At the same time, from the organization of accommodation services  were provided 10.6 billion drams (with a change of the y-o-y dynamics  from 61.2% decline to 45.3% growth), of which 95.2% fell to the share  of hotels - 10.1 billion drams (with change of a y-o-y  dynamics from  the 59.9% decline by 15.4% growth).

In the sector of catering, an increase of 65.7% to 61.6 billion drams  was registered (against a 37.3% decline in the previous year), of  which the lion's share fell on restaurants - 82.8% or 51 billion  drams, which in the reporting period increased the volume of services  provided by 69.3% (against 39.2% decline a year earlier).

From Bars, other drinking establishments and other public catering  facilities were provided 10.6 billion drams during the reporting  period, with a y-o-y growth of 50.2% (against 28% decline a year  earlier).

In January-June 2021, the average settlement rate of the dram was  522.08 AMD / $ 1, against 483.50 AMD / $ 1 in January-June 2020.