Forecast: Hospitality Employment in Turkey

The hospitality employment in Turkey has seen fluctuating trends from 2014 to 2023, with significant growth and periods of decline. In 2015, the sector experienced a strong 15.11% increase in employment, followed by a sharp decline of 10.86% in 2016. Recovery was evident as employment grew consistently from 2017 to 2019, with a notable 16.6% increase in 2018. The year 2020 marked a major downturn with a 19.41% decrease due to the global pandemic, but the sector rebounded in subsequent years with a remarkable 21.04% growth in 2022 and 10.89% in 2023, resulting in 421.11 thousand employees recorded for 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) stands at 4.13%.

The forecast for future trends up to 2028 indicates a positive trajectory, with a forecasted 5-year CAGR of 4.14% and forecasted growth rate of 22.48%. Key trends to watch for include the impact of digital transformation in hospitality services, evolving customer preferences towards sustainable tourism, and potential geopolitical and economic factors affecting the tourism industry in Turkey.