The European Turnover of Travel Intermediary Services in 2023 indicated significant variations by country. The United Kingdom led with €24.84 million, followed by Germany (€19.44 million), and Spain (€13.07 million). Germany displayed the strongest year-on-year growth at 3.99%, and countries like Poland (4.8%) and Czech Republic (7.34%) showed notable increases. Conversely, countries like Sweden (-1.62%) and Ireland (-5.71%) experienced declines. Over the past five years, the average growth rate has varied significantly across the continent, with remarkable growth in Serbia (52.01%), contrasting with a decline in Iceland (-10.54%).
Future trends to watch include:
- Continued market consolidation in leading countries such as the UK and Germany.
- Potential growth in Eastern European markets like Poland and Romania.
- Possible recovery scenarios for underperforming markets like Sweden and Ireland.
Top countries in Turnover of Travel Intermediary Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 24.84 | 2023 | +0.63% | +0.93% | View data |
| 2 | 2 Germany | 19.44 | 2023 | +18.83% | +3.99% | View data |
| 3 | 3 Spain | 13.07 | 2023 | +22.84% | +3.71% | View data |
| 4 | 4 Switzerland | 7 | 2023 | +23.93% | +3.25% | View data |
| 5 | 5 Italy | 5.92 | 2023 | +17.22% | +0.37% | View data |
| 6 | 6 France | 5.89 | 2023 | +15.26% | +0.44% | View data |
| 7 | 7 Sweden | 2.5 | 2023 | +14.02% | -1.62% | View data |
| 8 | 8 Poland | 2.41 | 2023 | +22.12% | +4.8% | View data |
| 9 | 9 Belgium | 2.32 | 2023 | +15.59% | -1.27% | View data |
| 10 | 10 Czech Republic | 2.25 | 2023 | +25.91% | +7.34% | View data |
