Key Market Indicators
The revenue of Spanish travel agencies is projected to climb to approximately €26.7 billion by 2028, up from around €24 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 1.6% year-on-year. Since 2013, the Spanish market has seen a steady annual increase of 3.3%. In 2023, Spain secured the second spot in the travel agency revenue rankings, trailing the United Kingdom, which also reported revenues of nearly €24 billion. Germany and Italy followed Spain, ranking third and fourth, respectively, in this European travel agency revenue hierarchy.
