Israel: Food Service - Hotel Restaurant Institutional

  |   Attaché Report (GAIN)   |   IS2023-0012

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Israel: Food Service - Hotel Restaurant Institutional
In 2022, the Hotel, Restaurant, and Institutional (HRI) sector experienced new difficulties with high inflation rates, a lack of employees seeking more lucrative jobs, and price increases for raw materials, energy, labor and rent, which drove operational prices up. Although Israel experienced an increase in tourism, HRI revenues are still behind pre-Covid-19 figures, and Israel relies more on the domestic sector, rather than tourism. (Note: This report reflects the market conditions up until September 30, 2023).
Exporting, Regulations & Requirements
Near East, Israel

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