The accommodation and food services sector in Italy is forecasted to see a steady increase in employment from 2024 to 2028. Starting at 1.4 million employees in 2024, the number is expected to reach 1.51 million by 2028. Compared to an employment count of approximately 1.38 million in 2023, this marks a progressive growth trajectory. The year-on-year growth rates are forecasted as follows: 2.1% in 2024, 1.8% in 2025, 2.1% in 2026, 2.1% in 2027, and 2% in 2028, with a five-year CAGR of 1.84%.
Future trends to watch for in the sector include:
- Potential impact of technological advancements on employment dynamics.
- Shifts in consumer behavior affecting demand in hospitality services.
- Regulatory changes impacting labor markets.
- Increased focus on sustainability and its influence on workforce requirements.
