Colombia: Food Service - Hotel Restaurant Institutional
Link to report:
In 2022, Colombian GDP for lodging and restaurants grew 16 percent compared to 2021 and 20 percent compared to 2019, consolidating its share of Colombia’s economic activity at 4.5 percent. Although the Hotel Restaurant Institutional (HRI) sector reported strong sales in 2022, more substantial growth is limited by high food inflation and pressures on food prices. In 2022, food service sales grew by 24 percent in Colombia.
