The data reveals varied shares of high-growth enterprises in travel intermediary services across European countries in 2024. Hungary leads significantly with 92.76%, suggesting a robust growth environment, while Italy, Romania, and Norway are below 25%. Iceland registers the lowest share at 2.15%. Over the last two years, no considerable year-on-year change has been observed. The five-year compound annual growth rate hasn't shown notable shifts, highlighting stable trends in this industry segment.
Future trends to monitor include:
- Post-pandemic recovery strategies potentially boosting enterprise growth rates across the region.
- The impact of digital transformation on travel services, potentially increasing the share of high-growth enterprises.
- Changes in consumer behavior towards sustainable travel impacting the growth dynamics.
- Policy changes influencing entrepreneurial activities in the travel sector.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Travel Intermediary Services by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 92.76 | 2023 | View data |
| 2 | 2 Slovakia | 63.93 | 2023 | View data |
| 3 | 3 Lithuania | 52.8 | 2023 | View data |
| 4 | 4 Portugal | 28.13 | 2023 | View data |
| 5 | 5 Czech Republic | 26.96 | 2023 | View data |
| 6 | 6 Italy | 24.01 | 2023 | View data |
| 7 | 7 Romania | 17.65 | 2023 | View data |
| 8 | 8 Norway | 7.46 | 2023 | View data |
| 9 | 9 Iceland | 2.15 | 2023 | View data |
