The turnover in the Accommodation and Food Service Activities sector in Switzerland stood at 23.74 billion Swiss Francs in 2023. Based on forecasts, turnover increases steadily from 23.91 billion in 2024 to 24.61 billion in 2028. The year-on-year variation shows an incremental growth trend: from 0.75% in 2024, 0.76% in 2025, 0.75% in 2026, and 0.70% in 2027. The Compound Annual Growth Rate (CAGR) over the next five years is approximately 0.72% per year.
Future trends to watch for include:
- Technological advancements in online booking and food delivery services.
- Shifting consumer preferences towards sustainable and locally-sourced food options.
- Impact of global economic conditions and potential regulatory changes on the sector.
- Ongoing adjustments in response to post-pandemic travel and dining behaviors.