Forecast: Number of Employees in Travel Agency, Tour Operator, Reservation Service and Related Activities Sector in Brazil

In 2023, the number of employees in the travel sector in Brazil stood below 71,000. Starting in 2024, forecasts predict a steady increase in employment within the industry, reaching 72.52 thousand by 2028. Year-on-year growth remains modest, with incremental increases of around 0.5% annually. The projected Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately 0.4%, indicating slow but steady growth.

Future trends to watch include:

  • Potential impacts of global economic conditions on travel demand.
  • Technological advancements, such as artificial intelligence, transforming travel operations.
  • Environmental sustainability influencing booking and travel patterns.

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