Key Market Indicators
The Luxembourger travel agency market is projected to see its revenue climb to approximately €233 million by 2028, up from around €218 million in 2023. This represents an average annual growth rate of 1%. Despite this anticipated growth, the Luxembourger market has experienced a slight decline since 2015, decreasing at an annual rate of 0.6%. In 2023, Luxembourg was ranked 19th in the market. Slovakia surpassed Luxembourg with revenues matching €218 million. Leading the rankings were Spain, Germany, and Italy, occupying the second, third, and fourth positions respectively.