The production value of Accommodation and Food Services in Switzerland stood at 24.86 Billion Euros in 2023. The forecasted values from 2024 to 2028 show a consistent upward trend, starting at 25.43 Billion Euros in 2024 and reaching 27.67 Billion Euros by 2028. Year-on-year variations reflect steady growth: 2.24% from 2024 to 2025, 2.15% from 2025 to 2026, 2.10% from 2026 to 2027, and 2.03% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is 2.13%.
Future trends to watch for include the potential impact of global economic conditions on tourism, changes in consumer preferences towards sustainable and local food sources, and advancements in technology that could streamline operations and enhance customer experiences within the sector.
