In 2023, Spain led the European travel agency sector with 9.64 thousand enterprises, followed closely by Germany at 9.48 thousand. Italy and the UK hosted 5.13 and 4.97 thousand agencies, respectively. The Netherlands showed significant growth with a 3.23% increase. Slovakia (+6.36%) and Bosnia and Herzegovina (+4.88%) also experienced notable growth. Conversely, countries like Romania and Belgium saw declines, with Romania facing a significant contraction of 3.59%.
Looking forward, the trajectory of travel agency enterprises may hinge on digital transformation, economic conditions, and consumer travel preferences. Monitoring these factors could provide insights into future sector performance and adaptations to evolving market demands.
Top countries in Number of Enterprises of Travel Agency by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 9,640 | 2023 | +1.35% | +1.03% | View data |
| 2 | 2 Germany | 9,480 | 2023 | +7.18% | +1.37% | View data |
| 3 | 3 Italy | 5,130 | 2023 | +0.82% | +1.1% | View data |
| 4 | 4 United Kingdom | 4,970 | 2023 | +1% | +0.91% | View data |
| 5 | 5 Netherlands | 3,380 | 2023 | +3.65% | +3.23% | View data |
| 6 | 6 France | 3,280 | 2023 | +0.86% | +1.39% | View data |
| 7 | 7 Poland | 2,530 | 2023 | +1.69% | +1.76% | View data |
| 8 | 8 Greece | 2,400 | 2023 | 0% | +0.3% | View data |
| 9 | 9 Portugal | 2,390 | 2023 | +3.32% | +2.39% | View data |
| 10 | 10 Croatia | 1,630 | 2023 | -0.12% | -0.63% | View data |
