The employment in accommodation and food services in Italy is expected to consistently grow from 2024 to 2028, increasing from 1.1 million full-time equivalent units in 2024 to 1.17 million units in 2028. This represents a steady year-on-year growth, with percentages calculated as follows: 1.82% from 2024 to 2025, 1.79% from 2025 to 2026, 0.88% from 2026 to 2027, and 1.74% from 2027 to 2028. The last five years, including the forecast period, show a Compound Annual Growth Rate (CAGR) that reflects this stable increase in employment numbers.
For future trends to watch for:
- Potential impacts of economic fluctuations on the hospitality sector.
- The influence of tourism policies and international travel trends.
- Technological advancements in food services and accommodations.
- Changing consumer preferences and their effect on service demand.