In 2023, the business expenditure on R&D in the Accommodation and Food Services sector in Italy stood at 9.15 million euros. From 2024 to 2028, the forecasted data shows a modest and steady increase from 9.19 to 9.27 million euros, indicating a gradual annual growth. The year-on-year percentage change reflects a stable and small increase over these years, while the compounded annual growth rate (CAGR) suggests a conservative growth pattern over the five-year period.

Future trends to watch for include:

Emerging technologies and their implementation in service delivery and operational efficiency.
Potential impacts of sustainability initiatives on R&D spending.
Changing consumer preferences driving innovation needs.
Economic factors influencing investment capacity and priorities.