In 2023, Italy leads Europe's accommodation and food services sector with 15.81% of enterprises. France (13.36%) and Spain (13.3%) have comparable shares. Notable growth occurred in Slovakia, Lithuania, the Netherlands, and Bosnia and Herzegovina, all exceeding 4% year-on-year growth. Poland, Ireland, and Slovenia also showed positive trends, whereas countries like Portugal and Germany experienced declines. Overall, Western European nations dominate, with emerging opportunities in Eastern Europe.
Future trends may include continued growth in Eastern European countries, driven by economic development and increased tourism, alongside potential consolidation in Western Europe as mature markets strive for efficiency.
Top countries in Number of Enterprises of Accommodation and Food Services Share by Country (Units (Enterprises))
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 15.81 | 2023 | +1.14% | -0.19% | View data |
2 | 2 France | 13.36 | 2023 | +1.5% | +1.79% | View data |
3 | 3 Spain | 13.3 | 2023 | -0.4% | -0.45% | View data |
4 | 4 Germany | 10.83 | 2023 | -0.4% | -0.5% | View data |
5 | 5 United Kingdom | 7.82 | 2023 | +1.17% | +1.11% | View data |
6 | 6 Greece | 4.97 | 2023 | +0.05% | -0.53% | View data |
7 | 7 Portugal | 4.54 | 2023 | -5.36% | -3.25% | View data |
8 | 8 Poland | 3.65 | 2023 | +2.95% | +2.64% | View data |
9 | 9 Netherlands | 3.58 | 2023 | +2.45% | +3.77% | View data |
10 | 10 Czech Republic | 2.83 | 2023 | +0.1% | +0.29% | View data |