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.