In 2023, employees in Italy's Accommodation and Food Services sector contributed approximately 1.82 billion hours. Forecasts indicate an upward trend through 2028, with values reaching 1.96 billion hours. Year-on-year, there is a steady increase: 1.6% in 2024, 1.1% in 2025, 1.6% in 2026, 1.6% in 2027, and 1.6% in 2028, demonstrating consistent growth. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.5%.
Future trends to watch for include:
- Technological advancements and automation in service delivery.
- Changing consumer preferences towards eco-friendly and sustainable services.
- Potential impacts of economic fluctuations and employment policies on staffing levels.