The German Accommodation and Food Services sector has shown consistent growth from 2013 to 2019, with annual growth rates ranging around 4-5%. A sharp decline of 15.76% in 2020 due to the COVID-19 pandemic was followed by a strong rebound of 17.14% in 2021. The sector continued to grow in 2022 and 2023 at rates of 7.62% and 2.15%, respectively. As of 2023, the sector's production stood at 113.48 Billion Euros. Future growth from 2024 to 2028 is forecasted to slow, with an average annual growth rate (CAGR) of 1.66%.

Future trends to watch for:

Impact of digital transformation and adoption of new technologies.
Shifts in consumer preferences towards sustainable and health-conscious options.
Preparedness and resilience planning in response to potential future pandemics or economic downturns.
Evolution of tourism trends and their effects on the accommodation sector.