The catering and accommodation sectors posted significant revenue growth in the first quarter of 2025, driven by rising consumer demand and increased business activity, particularly in the capital. The catering industry generated 371 billion MNT  in revenue during the first three months of the year, up 34.9 billion MNT (10.4 percent) compared to the same period in 2024. This increase was largely fueled by a rise in restaurant revenue, which grew by 20.2 billion MNT (9.6 percent), cafe revenue which increased by 5.8 billion MNT (24.5 percent), and cafeteria revenue which rose by 4.5 billion MNT (15.1 percent).
In March 2025 alone, the sector recorded 133.3 billion MNT in revenue, marking a year-on-year increase of 5 billion MNT (3.9 percent). During the first quarter, restaurants continued to dominate the market, accounting for 62.3 percent of total catering revenue. Catering services made up 17.1 percent, cafeterias 9.2 percent, cafes eight percent, and bars 3.3 percent. Ulaanbaatar remained the economic center of the sector, contributing 79.8 percent of total catering revenue.
Meanwhile, the accommodation sector also showed solid performance, generating 54.2 billion MNT in the first quarter, which is an increase of 5.9 billion MNT (12.2 percent) compared to the same period last year. The growth was led by hotels with three or more stars, whose revenue rose by 2.5 billion MNT (14.9 percent). Two-star hotels saw revenue climb by 1.6 billion MNT (52.5 percent), while unrated hotels and resorts brought in an additional 1.8 billion MNT (6.3 percent). Unrated hotels and resorts accounted for the largest share of accommodation sector revenue at 55.4 percent, followed by three-star and higher hotels at 36.1 percent, and two-star hotels at 8.5 percent.

Published Date:2025-05-14