In 2023, the number of persons employed in the accommodation and food services sector in Germany stood at approximately 1.97 million. The employment forecast indicates a consistent growth trajectory from 2024 to 2028, reaching 2.07 million by 2028. The year-on-year growth rate hovers around 1% annually, reflecting a stable increase. Furthermore, the compound annual growth rate (CAGR) for this period is approximately 1.01%, indicating a steadily expanding workforce in this sector.
Future trends to watch for include potential shifts due to technological advancements, evolving consumer preferences, and policy changes affecting labor markets. Additionally, external economic factors, such as inflation and international tourism dynamics, may impact employment in the accommodation and food services industry.
