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The German accommodation and food services sector has yet to recover fully from the impacts of the COVID-19 pandemic. Despite a strong rebound in many industries, employment in hospitality remains below the pre-pandemic peak.
Businesses in the sector are grappling with a combination of rapidly rising costs, weak household consumption, and policy shifts that have added further financial pressure. A key factor contributing to the slow recovery is the cautious spending behavior of German consumers, who are saving at higher rates than before the pandemic. Additionally, the recent reversal of the value-added tax (VAT) reduction that was introduced during the