The number of hospitality establishments in Italy is projected to increase steadily from 234.67 thousand in 2024 to 252.9 thousand in 2028, reflecting consistent growth. For 2025, the year-on-year growth is expected to be 1.97%, followed by 1.91% in 2026, 1.86% in 2027, and 1.81% in 2028. Over the 5-year period starting in 2024, the compound annual growth rate (CAGR) is anticipated to be 1.81%. In 2023, the number of establishments was lower, marking a positive trend of expansion from 2024 onwards.
Future trends to watch for include:
- Increased investments in sustainable tourism initiatives.
- Technological innovations to enhance guest experiences.
- Potential effects of economic fluctuations on consumer travel spending.
- Shifts in regulatory policies impacting the hospitality sector.
