The household expenditure on restaurants and hotels in Poland experienced significant fluctuations from 2013 to 2023, with a notable decline in 2020 due to the pandemic. Despite this setback, the trend rebounded strongly in 2021 and 2022. In 2023, the spending settled at 13.42 billion Euros. The year-on-year variation over the past two years showed a decrease of 4.53% in 2023, following a 22.13% increase in 2022. The compound annual growth rate (CAGR) from 2019 to 2023 was 3.93%. Forecasted data from 2024 to 2028 suggest a steady upward trend with an average annual growth rate of 3.65%, predicting a household expenditure on restaurants and hotels of 16.9 billion Euros by 2028.
Future trends to watch for include potential impacts of economic fluctuations, changes in tourism dynamics, and shifts in consumer behavior towards dining and travel experiences. Additionally, emerging technologies and digital innovations in the hospitality industry could significantly influence expenditure patterns.
