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Hospitality turnover is still soaring in 2025, leaving restaurants and hotels stuck in a costly cycle of rehiring, retraining, and inconsistent service Travel and tourism jobs are expected to grow by 14 million in 2025 to reach 371 million jobs globally, exceeding 2019 levels and accounting for about 1 in 9 jobs on the planet (source This guide looks at what’s fueling the trend and how employers can better retain their teams.
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This updated hospitality industry statistics report reveals the opportunities, challenges, and trends shaping the hotel industry in 2025 and beyond. Worldwide hospitality employment is rising accordingly What is the hospitality market size 2025 and growth rate
The hospitality market size has grown strongly in recent years
It will grow from $5244.22 billion in 2024 to $5523.92 billion in 2025 at a compound annual growth rate (cagr) of 5.3%. These are the questions we’ll answer in this report, which pulls employee turnover data from 10 key industries over a recent six month period (october 2024 to march 2025), gathered from the bamboohr ® platform. Explore turnover rates by industry in 2025, revealing key insights into workforce trends and challenges shaping the future of employment and retention. We collected the average turnover rate by industry to assist our clients in making the most informed business decisions regarding staffing and hiring.
Hotels, resorts, and restaurants must adapt by embracing automation, optimizing operations, and meeting sustainability demands Below, we explore the most influential trends shaping the hospitality sector in 2025, backed by industry data and key insights. The global hospitality market is projected to grow from $4,673.63 billion in 2023 to $4,993.71 billion in 2024, representing a compound annual growth rate (cagr) of 6.8%. Employee turnover varies across regions, industries, and roles, presenting unique challenges for businesses
The average global employee turnover rate is 20%
High rates are seen in retail, hospitality, and technology sectors (statista) voluntary turnover accounts for 70% of all employee exits.
