The hospitality employment in Italy has shown a steady increase from 2015 to 2023, reaching 532.12 thousand employees in 2023. From 2017 to 2023, year-on-year growth varied, peaking at 1.99% in 2019 before slowing to 0.51% in 2023. The CAGR from 2015 to 2023 shows a slight decline, with 1.4% in 2020 down to 0.68% in 2023. Forecast data from 2024 to 2028 predicts a modest growth trend with a 5-year CAGR of 0.41% and an overall growth rate of 2.08% by 2028.
Future trends to watch for include:
- The impact of emerging technologies on job roles within the hospitality sector.
- The influence of economic fluctuations on employment stability and growth.
- Evolving consumer behaviors and preferences in post-pandemic travel and tourism.
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