The United States leads with a significant share of employment in global travel services at 19.7% for 2024, although it saw a slight decline of 0.8% in 2023. South Korea and Germany follow, with respective shares of 12.43% and 12.12%, showing year-on-year increases of 4.53% and 1.85%. Spain and the United Kingdom experienced minor declines, at -1.98% and -0.48% respectively. France showed a substantial decrease of 12.84%. Emerging markets such as Romania, Colombia, and Ireland showed strong growth, with Romania at 8.73%, Colombia at 3.38%, and Ireland at 4.01%.
Future trends to watch:
- Continued growth potential in emerging markets such as Romania, Colombia, and Ireland.
- The potential stabilization and rebound in historically strong markets such as France and Spain.
- The impact of technological innovations and remote work trends on travel service employment distribution.
Top countries in Travel Services Employment Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 19.7 | 2023 | +5.33% | -0.8% | View data |
| 2 | 2 South Korea | 12.43 | 2023 | +13.71% | +4.53% | View data |
| 3 | 3 Germany | 12.12 | 2023 | +7.02% | +1.85% | View data |
| 4 | 4 Spain | 7.16 | 2023 | +1.35% | -1.98% | View data |
| 5 | 5 United Kingdom | 5.4 | 2023 | -4.76% | -0.48% | View data |
| 6 | 6 Italy | 5.36 | 2023 | +0.84% | +1.15% | View data |
| 7 | 7 Australia | 4.59 | 2023 | +7.35% | +0.29% | View data |
| 8 | 8 Colombia | 3.48 | 2023 | +8.37% | +3.38% | View data |
| 9 | 9 Peru | 2.78 | 2023 | +10.83% | -0.26% | View data |
| 10 | 10 Morocco | 2.53 | 2023 | +0.77% | +0.95% | View data |
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