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Market Forecast The global HoReCa Market is projected to be valued at USD 2.38 trillion by 2028, registering a CAGR of  3.15%  between 2021 and 2028. HoReCa is referred to as hotels, restaurants, and cafés & pubs. The hotel industry is a mature market driven by intense competition worldwide and is commonly classified as commercial hotels, airport hotels, conference hotels, economy hotels, suite or all-suite hotels, residential hotels, casino hotels, and resort hotels. Restaurant is a business which prepares and serves food and drinks to consumers in exchange for money, either paid before the meal, after the meal, or with an open account. Here restaurants primarily include quick service restaurants (QSR) and casual dine in formats. Cafés & pubs are driven by several factors, such as favorable demographics, rising income levels, the development of mid-sized cities and the advent of international chains. A growing willingness, especially among the youth to consume f...

Market Forecast The global HoReCa Market Size is projected to be valued at USD 2.38 trillion by 2028, registering a CAGR of  3.15%  between 2021 and 2028. HoReCa is referred to as hotels, restaurants, and cafés & pubs. The hotel industry is a mature market driven by intense competition worldwide and is commonly classified as commercial hotels, airport hotels, conference hotels, economy hotels, suite or all-suite hotels, residential hotels, casino hotels, and resort hotels. Restaurant is a business which prepares and serves food and drinks to consumers in exchange for money, either paid before the meal, after the meal, or with an open account. Here restaurants primarily include quick service restaurants (QSR) and casual dine in formats. Cafés & pubs are driven by several factors, such as favorable demographics, rising income levels, the development of mid-sized cities and the advent of international chains. A growing willingness, especially among the youth to cons...

Market Forecast The global HoReCa Market Forecast is projected to be valued at USD 2.38 trillion by 2028, registering a CAGR of  3.15%  between 2021 and 2028. HoReCa is referred to as hotels, restaurants, and cafés & pubs. The hotel industry is a mature market driven by intense competition worldwide and is commonly classified as commercial hotels, airport hotels, conference hotels, economy hotels, suite or all-suite hotels, residential hotels, casino hotels, and resort hotels. Restaurant is a business which prepares and serves food and drinks to consumers in exchange for money, either paid before the meal, after the meal, or with an open account. Here restaurants primarily include quick service restaurants (QSR) and casual dine in formats. Cafés & pubs are driven by several factors, such as favorable demographics, rising income levels, the development of mid-sized cities and the advent of international chains. A growing willingness, especially among the youth to ...

Market Forecast The global HoReCa market size is projected to be valued at USD 2.38 trillion by 2028, registering a CAGR of  3.15%  between 2021 and 2028. HoReCa is referred to as hotels, restaurants, and cafés & pubs. The hotel industry is a mature market driven by intense competition worldwide and is commonly classified as commercial hotels, airport hotels, conference hotels, economy hotels, suite or all-suite hotels, residential hotels, casino hotels, and resort hotels. Restaurant is a business which prepares and serves food and drinks to consumers in exchange for money, either paid before the meal, after the meal, or with an open account. Here restaurants primarily include quick service restaurants (QSR) and casual dine in formats. Cafés & pubs are driven by several factors, such as favorable demographics, rising income levels, the development of mid-sized cities and the advent of international chains. A growing willingness, especially among the youth to con...