European Wages and Salaries of Hotels by Country

The wages and salaries of the hotel industry in Europe demonstrate significant variations among countries. In 2023, Germany leads with the highest wages at €9.95 billion, while Bosnia and Herzegovina reflect the lowest at €0.0361 billion. Countries like Poland, Romania, and Hungary experienced robust growth with year-on-year increases of over 10%, with Croatia showing a significant 7.7% increase. Lithuania exhibited the highest annual growth of 20.86%. Conversely, Iceland showed a decline of 2.08% reflecting challenges in their hospitality sector.

Future trends to watch for include potential wage growth in Eastern European countries due to economic development and tourism increases. Western European countries may see slower growth as markets mature, while emerging technologies and automation might influence wage structures across the continent.

Top countries in Wages and Salaries of Hotels by Country

# 10 Countries Million Euros Last Year YoY 5-years CAGR
1 1 Germany 9,950 2023 +14.85% +4.16% View data
2 2 Spain 7,370 2023 +17.62% +4.98% View data
3 3 United Kingdom 6,180 2023 +1.05% +1.33% View data
4 4 France 4,960 2023 +8.43% +0.014% View data
5 5 Italy 4,360 2023 +11.69% +1.22% View data
6 6 Switzerland 3,180 2023 +8.34% +3.07% View data
7 7 Austria 2,860 2023 +7.29% +3.06% View data
8 8 Greece 1,600 2023 +16.7% +3.97% View data
9 9 Netherlands 1,360 2023 +2.34% +2.45% View data
10 10 Sweden 1,240 2023 +6.54% +1.93% View data

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