The production value of accommodation and food services in Germany has demonstrated significant growth from 2013 to 2023, reaching 118.57 billion Euros in 2023. This reflects a strong recovery after a substantial decline in 2020 due to the pandemic, with a sharp year-on-year growth of 40.1% in 2021 and 19.72% in 2022. The average variation per year over the past five years (CAGR) stands at 2.92%, indicating a steady post-pandemic recovery.

Future trends to watch include:

The anticipated moderate annual growth rate of around 2.27% from 2024 to 2028, indicating stabilization post-recovery.
Potential impacts of changing consumer preferences towards sustainable and health-conscious options.
The influence of digital innovation and automation in service delivery within the industry.