The production volume of accommodation and food services in Italy is forecasted to increase steadily from 2024 to 2028, reaching 128.67 billion euros in 2028. From 2023 to 2024, the sector exhibits a positive growth trend year-on-year. By evaluating variations over the last two years and observing compound annual growth rate (CAGR) from 2024 to 2028, we see consistent expansion, suggesting resilience and demand in Italy's accommodation and food services market.

Future trends to watch for:

Increasing digitalization and adoption of technology within the sector to enhance customer experience.
Growing focus on sustainability and eco-friendly practices in accommodation and food services.
Evolving consumer preferences towards personalized and unique experiences, particularly in travel and dining.
Potential impacts of economic fluctuations and geopolitical factors on tourism and consequently on the accommodation and food services industry.