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REPORT Retail Geneva 2023


In 2023, the Swiss economy has proved resilient compared with other developed countries. Swiss inflation has remained moderate, employment has continued to rise, and businesses were generally satisfied.

Although the post-pandemic "euphoria" was short-lived and was followed by a market correction, the unemployment rate fell to record lows .

The recovery in Geneva hotels continued. The number of overnight stays has almost returned to pre-pandemic levels. Hoteliers expect their business to grow in the months ahead.

In retail, the situation was very good in the food sector and satisfactory in the non-food sector. The outlook for 2023 and 2024 is positive overall.


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