The Accommodation and Food Services sector in Italy is projected to experience steady growth in employment from 2024 onwards, with figures rising from 1.5 million jobs in 2024 to 1.59 million by 2028. In 2023, the employment stood at a similar level, reflecting stability despite future projections. Year-on-year growth sees a consistent increase of approximately 1.3% to 1.4%, indicating a positive trend. The CAGR over the forecasted period is anticipated to be approximately 1.5%.
Future trends to watch for include:
- The impact of technological advancements on job roles within the sector.
- Changes in consumer behavior possibly influencing labor demand.
- Regulatory adjustments and their effect on employment dynamics.
