The employment in the Travel Agency and Tour Operator Activities sector in Austria has shown varied trends from 2013 to 2023. Starting with fluctuations between 2013 and 2019, the sector experienced a significant drop of 12.06% in 2020 due to the COVID-19 pandemic. Subsequent years saw recovery phases with positive year-on-year growth rates of 4.05% in 2021, 3.73% in 2022, and 2.36% in 2023. As of 2023, employment stood at 7.71 thousand FTEs. From 2018 to 2023, the sector experienced a slight negative CAGR of -0.11%.

Future trends to watch for include:

Modest decline in employment with a forecasted 5-year CAGR of -0.07% from 2024 to 2028.
Potential impacts of technological advancements, changing consumer behaviors, and sustainable tourism on employment.
Influence of geopolitical and economic factors on global travel patterns affecting the sector.