The employment forecast for the UK travel agency activities sector from 2024 to 2028 indicates a consistent decline. In 2024, employment figures are expected at 47.57 thousand employees, decreasing steadily to 45.09 thousand by 2028. This reflects a year-on-year reduction, averaging around 1-1.5%. The compounded annual growth rate (CAGR) over the five years from 2024 projects a gradual decline in workforce numbers.
Future trends to monitor include the impact of digital transformation and automation, which may further reduce workforce demand. Additionally, shifts in consumer behavior towards online booking platforms could intensify these trends.
