In 2023, the number of high-growth enterprises in Italy's Accommodation and Food Services sector was positioned under 2.58 thousand. By 2024, this number is forecasted to start at 2.58 thousand. Notably, an upward trend is projected, with forecasts predicting the enterprise count to grow to approximately 3.08 thousand by 2028. This marks a progressive year-on-year increase, with notable growth each year: approximately 4.65% from 2024 to 2025, 4.81% from 2025 to 2026, 4.6% from 2026 to 2027, and 4.05% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted five years is around 4.53%.
Key future trends to watch include:
- Potential impacts of economic factors such as inflation and tourism dynamics on growth rates.
- The influence of digital transformation and sustainability trends in shaping new high-growth opportunities in the sector.
- Regulatory changes that might affect enterprise scalability and market entry.