Forecast: Production in Travel Agency, Tour Operator, Reservation Service and Related Activities Sector in Brazil

The forecast for the Brazilian travel agency, tour operator, reservation service, and related activities sector shows a promising upward trend. The industry is projected to grow from 15.13 billion Brazilian Reals in 2024 to 17.26 billion by 2028. The 2025 and 2026 forecasts indicate year-on-year growth rates of approximately 3.6% and 3.4%, respectively. Over the five-year horizon from 2024 to 2028, the compound annual growth rate (CAGR) averages around 3.3%. In 2023, the sector's production stood at 14.61 billion Brazilian Reals, showing consistent growth into 2024 and beyond.

Future trends to watch for include:

  • An increasing focus on sustainable tourism as environmental awareness grows.
  • The potential impact of technological advancements, including AI and personalized offerings.
  • Shifts in consumer behavior with a preference for experiential and authentic travel experiences.
  • Potential economic or political changes that could impact international tourist arrivals.

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