Since 2020, around 48,000 hospitality businesses have closed across Germany and 6,100 have filed for insolvency, according to a study by the credit agency Creditreform, which was published on Thursday. The experts expect the sector to thin out even further. “The wave has only just begun,” said Patrik-Ludwig Hantzsch, head of Creditreform’s economic research. According to the study, one in 10 companies in the catering industry closed down last year alone. At 14,000, the number of closures in 2023 was higher than in the previous three years, but still below the pre-coronavirus level. The same ap…