Forecast: Turnover in Accommodation and Food Service Activities Sector in Germany

The turnover in the Accommodation and Food Service Activities Sector in Germany is forecasted to experience steady growth from 2024 to 2028, starting at €128.37 billion and reaching up to €148.93 billion. This reflects a consistent average annual increase or CAGR over the five-year period. Year-on-year, the growth rates highlight a stable expansion, reinforcing the positive trend in the sector.

Future trends to watch in this sector include:

  • Technological advancements improving customer service and operational efficiency.
  • Increasing demand for sustainable and local food sourcing.
  • Potential impacts from changes in tourism patterns and economic conditions in Europe.

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