Forecast: Employment in Accommodation and Food Services Sector in Denmark

Employment in Denmark's Accommodation and Food Services sector has been experiencing consistent growth since 2013, reaching 152.2 million hours in 2023. Over the last two years, employment hours increased by 1.57% in 2022 and 1.52% in 2023. The compound annual growth rate (CAGR) over the past five years has been 1.63%. Future projections up to 2028 suggest a continued but slower growth with a forecasted five-year CAGR of 1.07%, predicting a total increase of 5.49% from 2024 to 2028.

Future trends to watch in this sector include:

  • Potential impacts of economic fluctuations on the hospitality industry
  • Technological advancements boosting operational efficiencies
  • Major shifts in consumer behavior and preferences, particularly in response to sustainability and health trends
  • Global travel patterns and their influence on international tourism in Denmark

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