Forecast: Turnover in Accommodation and Food Service Activities Sector in Italy

The turnover in Italy's Accommodation and Food Service Activities sector is forecasted to incrementally rise from 95.4 billion euros in 2024 to 99.77 billion euros by 2028. Assuming the actual turnover for 2023 was close to 2024's forecast, this sector shows a consistent year-on-year growth, with an average annual increase of approximately 1.09%. This steady upward trend suggests a robust and gradual recovery, potentially driven by factors such as increased tourism and domestic consumption.

Future trends to watch for include:

  • Impact of sustainable tourism practices and eco-friendly accommodations.
  • Adoption of technology to enhance customer experience.
  • Evolving consumer preferences in food service offerings.

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