In 2023, there were approximately 15.57 thousand enterprises in Brazil's travel agency, tour operator, reservation service, and related activities sector. Forecasts from 2024 to 2028 indicate a steady increase, with the number of enterprises expected to reach 15.82 thousand by 2028. This growth reflects an average year-on-year increase of approximately 0.32%. The compound annual growth rate (CAGR) over the five-year forecast period is 0.32%, indicating a stable upward trend.
Key trends to watch for include technological advancements in travel services, sustainability initiatives, and the impact of economic conditions on travel demand, influencing enterprise growth in the sector.
