European Travel Agency Trends in 2024
Travel Agency is part of Travel Intermediary and includes a number of sub-sectors such as Hotel Booking Agency. You may also be interested in Tour Operator.
European Travel Agency Revenue is projected to reach approximately €85.6 billion by 2028, down from around €99.4 billion in 2023. This represents a modest compound annual growth rate (CAGR) of 0.6% year on year. Since 2019, the European market has seen a steady increase of 2% annually. Leading the charge in 2023, the United Kingdom topped the rankings with revenue hitting nearly €37.9 billion. Trailing behind, Spain, Germany, and Italy secured the second, third, and fourth spots, respectively. Notably, Serbia experienced a significant surge, with a year-on-year increase of 50.7%. In contrast, France saw a decline, with its year-on-year revenue decreasing by 8% since 2019.
Top 10 countries
In 2024 major markets in the Travel Agency Industry were:
World Travel Agency Market Data and Forecasts
How much the Travel Agency industry is expected to grow to 2028?
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