Between 2013 and 2019, employment in Italy's Travel Agency and Tour Operator Activities sector showed minor fluctuations, with a slight growth trend from 20,000 to 23,000. However, in 2020, there was a dramatic drop of over 50% in employment due to the COVID-19 pandemic. The sector began to recover in 2021 and showed considerable recovery through 2023, reaching 25.12 thousand Full-Time Equivalents (FTE), with a year-on-year growth rate of 15.6% and a five-year compound annual growth rate (CAGR) of 2.19%. The forecast from 2024 to 2028 suggests steady growth, with CAGR at 1.87% and employment expected to surpass 28 thousand by 2028.
Future trends to watch for include potential impacts from technological advancements in travel services, evolving customer preferences towards sustainable travel, and geopolitical factors influencing global tourism dynamics. The sector could also witness fluctuations based on global economic conditions and further health crises. It remains crucial to monitor how these elements might impact employment trends moving forward.