The 2023 employment in accommodation and food services revealed notable trends across various countries. The United States led significantly with 12.25 million full-time equivalents, highlighting its large market size in this sector. Italy followed with 1.08 million, France with 0.979 million, and smaller European countries like the Netherlands, Austria, and the Czech Republic reporting less than 0.25 million. Norway had the lowest employment figure at 0.0748 million.
Year-on-year variations indicate steady growth across most countries with the Netherlands showing the highest increase at 1.63%, followed by the United States at 1.56%, Norway and Italy both at 1.48%, and France close behind at 1.41%. Austria and the Czech Republic experienced more moderate growth at 1.04% and 0.79% respectively. Over the last 5 years, the compound annual growth rate (CAGR) reflects a sustained expansion in employment within this sector globally.
Future trends in global employment for accommodation and food services will likely be influenced by technological advancements, shifts in consumer preferences towards sustainability, and the easing or tightening of travel restrictions. These factors will impact growth rates, potentially fostering increased employment or catalyzing significant challenges depending on economic conditions and policy changes in the upcoming years.
Top countries in Employment in Accommodation and Food Services by Country
| # | 7 Countries | Thousand Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 12,250 | 2023 | +1.38% | +1.56% | View data |
| 2 | 2 Italy | 1,080 | 2023 | +1.74% | +1.48% | View data |
| 3 | 3 France | 979 | 2023 | +1.35% | +1.41% | View data |
| 4 | 4 Netherlands | 245 | 2023 | +1.66% | +1.63% | View data |
| 5 | 5 Austria | 220.91 | 2023 | +1.22% | +1.04% | View data |
| 6 | 6 Czech Republic | 174.84 | 2023 | +0.74% | +0.79% | View data |
| 7 | 7 Norway | 74.8 | 2023 | +1.49% | +1.48% | View data |
