In 2023, the total hours worked in the accommodation and food services sector in the UK stood at an estimated 3.45 billion hours. From 2024 to 2028, the forecast reveals a consistent annual increase in hours worked, beginning at 3.5 billion hours in 2024 and reaching 3.68 billion hours by 2028. This represents a year-on-year increase of approximately 1.4% for 2025, 1.41% for 2026, 1.11% for 2027, and 1.10% for 2028. The compound annual growth rate (CAGR) for the years 2024 to 2028 is estimated to be around 1.28%.
Future trends to watch for include:
- Impacts of automation and technology on labor demand.
- Influence of economic conditions and Brexit on labor supply.
- Potential changes in consumer behavior affecting the hospitality sector.
