Forecast: Production in Accommodation and Food Service Activities Sector in Switzerland

In 2023, the production in the Accommodation and Food Service Activities sector in Switzerland stood at 24.93 billion Swiss Francs. For 2024, the forecasted production is 25.04 billion Swiss Francs, showing a year-on-year increase of 0.44%. The forecast continues to grow modestly, reaching 25.15 billion in 2025 (up 0.44%), 25.26 billion in 2026 (up 0.44%), 25.37 billion in 2027 (up 0.44%), and 25.47 billion in 2028 (up 0.39%).

Analyzing the Compounded Annual Growth Rate (CAGR) from 2024 to 2028, the average annual increase is approximately 0.43%.

Future trends to watch for:

  • Potential impact of global economic conditions and tourism trends, especially post-pandemic recovery patterns.
  • Evolving consumer preferences towards sustainable and experience-based accommodations and food services.
  • Technological advancements and digital transformation in the sector enhancing operational efficiencies and customer experience.

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