In 2023, the regular employees in Accommodations, Eating, and Drinking Services in Japan stood at around 4.65 million persons. From 2024, forecasts indicate a gradual increase: 4.67 million in 2024, and reaching 4.75 million by 2028. The year-on-year growth is modest, around 0.4% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.4%. This reflects a stable trend with moderate growth, indicating recovery and potential expansion following potential disruptions in earlier years.
Future trends to watch for include technological advancements in the hospitality sector, potential changes in consumer behavior due to evolving demographics, and policy shifts impacting labor dynamics. These could influence employment growth in the sector.
