From 2013 to 2023, hospitality employment in France exhibited fluctuations due to varying economic conditions, showing steady growth after a sharp contraction in 2020. By 2023, employment stood at 259.09 thousand employees, with a significant year-on-year increase of 7.52%, and an average annual growth rate (CAGR) of 3.64% over the last five years.
Future trends to watch for:
- Continued recovery from the 2020 decline, with forecasted annual growth at a CAGR of 2.67% from 2024 to 2028.
- The impact of technological advancements and evolving traveler preferences on employment dynamics.
- Potential influence of government policies and economic conditions on sector growth.