The Travel Agency Activities Sector in Belgium has seen fluctuating employment numbers over the last decades. Starting from 6.53 thousand employees in 2013, the sector faced a notable decline reaching 5.15 thousand in 2023. Major year-on-year changes include a significant drop of 10.71% in 2016, a rise of 13.96% in 2018, and a sharp downturn of 13.04% in 2020 due to the pandemic impacts. The employment level for 2023 stood at 5.15 thousand. The five-year CAGR leading to 2023 was -2.85%, indicating a general downward trend.

Future forecasts from 2024 onward suggest a continued decline in employment, with a forecasted drop to 4.51 thousand by 2028. The average annual decrease rate (CAGR) for the next five years is projected at -2.12%.

Trends to watch for include:

Technology adoption and digital transformation in the travel industry, potentially reducing the need for traditional roles.
Recovery patterns post-COVID-19 and how consumer travel behaviors evolve.
Macroeconomic factors influencing travel demand and global tourism trends.