Forecast: Number of Persons Employed of Accommodation Services in Germany

As of 2023, the number of persons employed in the accommodation services sector in Germany was approximately 686,000. In the subsequent years, projections indicate a steady increase in employment: 702,280 in 2024, 718,640 in 2025, 734,830 in 2026, 750,860 in 2027, and 766,740 in 2028. The year-on-year growth demonstrates a positive trend with gradual increases. Analyzing the compound annual growth rate over this period shows a consistent upward trajectory.

Future trends to watch for include technological advancements in the accommodation industry, policy changes impacting labor laws, and shifting consumer preferences that may influence the demand for hospitality services. These factors could potentially impact employment growth and alter the current forecasted upward trend.

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