The value added of the accommodation and food services sector in Switzerland was CHF 11.50 billion in 2023. The forecasted values indicate a steady increase, with projections of CHF 11.66 billion in 2024, CHF 11.74 billion in 2025, CHF 11.81 billion in 2026, CHF 11.88 billion in 2027, and CHF 11.95 billion in 2028. This suggests an average annual growth rate of around 0.7% over the five-year period.
Year-on-year variations show incremental growths of approximately 0.69% from 2024 to 2025, 0.60% from 2025 to 2026, 0.59% from 2026 to 2027, and 0.58% from 2027 to 2028. Over the last two years (2023-2024), the sector grew by 1.39%.
Future trends to watch for include the impact of technological advancements in service delivery, shifts in consumer behavior towards sustainability, and potential policy changes affecting the hospitality industry.
