Germany leads the European travel agency and tour operator employment market, accounting for 20.81% of the workforce, followed by the UK. Spain, Italy, and France have significant shares, though all, except for Germany and Greece, saw slight declines in 2023. Remarkably, Portugal, Greece, Serbia, Macedonia, and Bosnia and Herzegovina experienced growth, particularly with Bosnia and Herzegovina showing a significant increase of over 7%. Conversely, Finland, Iceland, and Switzerland recorded notable declines. This sector's compound annual growth reveals slow changes, indicating steady but region-specific growth potential.
Future trends to watch include potential job market expansion in Southern and Eastern Europe due to increasing tourism, while Northern European countries might continue to face stabilization or contraction. Technological advancements and sustainability trends could also influence employment dynamics significantly.
Top countries in Number of Persons Employed of Travel Agency and Tour Operator Services Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.81 | 2023 | +7.67% | +0.88% | View data |
| 2 | 2 United Kingdom | 18.02 | 2023 | +0.36% | -0.083% | View data |
| 3 | 3 Spain | 10.05 | 2023 | +0.7% | -0.7% | View data |
| 4 | 4 Italy | 7.17 | 2023 | -1.42% | -2.28% | View data |
| 5 | 5 France | 6.31 | 2023 | +4.96% | -0.28% | View data |
| 6 | 6 Greece | 4.73 | 2023 | +10.54% | +1.84% | View data |
| 7 | 7 Netherlands | 4.44 | 2023 | +0.0093% | -1.9% | View data |
| 8 | 8 Poland | 3.41 | 2023 | +0.81% | +0.64% | View data |
| 9 | 9 Portugal | 2.87 | 2023 | +7.2% | +4.18% | View data |
| 10 | 10 Czech Republic | 2.34 | 2023 | +3.16% | -0.0017% | View data |
