In 2023, the accommodation and food services sector in Germany recorded total employee hours of 1.62 billion. Forecasts for 2024 to 2028 suggest a steady growth trajectory, with predicted annual increases of 0.61% year-on-year, seeing employee hours reach 1.67 billion by 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected at 0.61%. This growth represents a stable expansion in employment within the sector.
Future trends to watch for include:
- Evolving consumer preferences and their impact on staffing needs.
- Technological integration in service processes and its effect on workforce requirements.
- Potential economic fluctuations influencing demand within the sector.