European Accommodation and Food Services Turnover Index by Country

In 2024, Serbia leads the European Accommodation and Food Services Turnover Index, showing strong growth with a remarkable year-on-year increase of 22.09%, followed by Romania and Hungary. Southern and Eastern Europe exhibit robust expansion, with Montenegro, Albania, and Lithuania also showcasing significant gains. Conversely, countries like Macedonia experience minor declines, indicating regional disparities. Western European countries such as France, Belgium, and Germany display more moderate increases, reflecting established markets with stable growth trends.

Future trends to watch for:

• The continued growth trajectory in Eastern Europe could attract investments and enhance infrastructure in the hospitality sector.
• Western Europe may focus on leveraging technology and sustainability to maintain growth amidst mature market conditions.
• Geopolitical and economic uncertainties could impact consumer spending and travel behaviors, leading to regional turnover fluctuations.