Key Market Indicators
The Maltese travel agency sector experienced a significant decline in revenue in 2020, dropping to approximately €19 million. This represents a 29.5% decrease from the previous year's total of nearly €27 million. The downward trend has been ongoing since 2015, with the market shrinking by 37% annually over the past several years. The data underscores the challenges faced by the Maltese travel industry, reflecting broader impacts on global tourism.