In 2023, the number of enterprises in the accommodation and food services sector in Italy stood at approximately 334.31 thousand. The forecast shows a gradual increase over the next five years, with an average annual growth rate (CAGR) of around 1.07%. Year-on-year growth ranges from 1.09% to 1.03%, indicating a steady upward trajectory in this industry.
Future trends to watch for:
- Impact of technological advancements in service delivery and customer experience.
- Potential growth driven by international tourism and domestic travel trends post-pandemic.
- Regulatory changes and their impact on operating conditions and competitive dynamics.
- Influence of sustainability practices on business operations and consumer preference.
