The European Air Transport, Accommodation, Travel Agency, and Tour Operator Reservation Service Turnover Index shows varying performance across countries. Hungary leads with strong growth, followed by Luxembourg and Bulgaria. Notably, Nordic countries such as Denmark and traditional markets like Austria are facing declines. A marked year-on-year growth in the range of 10.46% for Hungary and decreases like -3.31% for Austria highlight diverse performance patterns across Europe. Germany, France, and Italy had moderate growth as they adapt post-pandemic dynamics. The 5-year CAGR is anticipated as a stabilizing factor, reflecting recovery momentum across most markets.
Looking ahead, climate sustainability, digital innovation, and changing travel behaviors are key trends. Countries showing current high growth might explore emerging markets and sustainable practices, while those in decline may need strategic reinvention focusing on digital transformation and customer personalization.
Top countries in Air Transport; Accommodation; Travel Agency, Tour Operator Reservation Service Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 204.4 | 2022 | +140.75% | +10.46% | View data |
| 2 | 2 Luxembourg | 190.6 | 2022 | +27.49% | +11.48% | View data |
| 3 | 3 Bulgaria | 173.7 | 2022 | +87.78% | +8.17% | View data |
| 4 | 4 Estonia | 167.6 | 2022 | +81.19% | +5.74% | View data |
| 5 | 5 Malta | 164.3 | 2022 | +47.22% | +2.45% | View data |
| 6 | 6 Cyprus | 159.3 | 2022 | +87.85% | +1.02% | View data |
| 7 | 7 Lithuania | 155.3 | 2022 | +97.08% | +3.99% | View data |
| 8 | 8 Latvia | 152.1 | 2022 | View data | ||
| 9 | 9 Greece | 144.1 | 2022 | +75.95% | +2.9% | View data |
| 10 | 10 Romania | 141.3 | 2022 | +58.76% | +3% | View data |
