The European Travel Intermediary Services Turnover Index in 2024 shows significant variability across countries. Albania leads with the highest index value, reflecting strong growth unseen in many European countries. Poland follows, indicating substantial sector momentum. Negative year-on-year growth in many Western European countries signals potential market saturation or economic challenges. Meanwhile, countries like Poland and Cyprus exhibit double-digit growth, revealing expanding opportunities and robust recovery from past slowdowns. Observing the compound annual growth rates over the past five years, Eastern Europe, including Albania and Poland, showcases the most dynamic growth, contrary to the Western European trend of stagnant or declining growth.
Future trends to monitor include potential market consolidation in Western Europe and investment shifts towards Eastern Europe due to growth potential. Digital transformation and sustainable travel practices could further alter the market dynamics, urging businesses to adapt. The impact of geopolitical tensions and economic factors on tourism and travel intermediaries will also be crucial in shaping future growth trajectories. Watch for how technological advancements could redefine customer experiences and industry efficiencies across Europe.
Top countries in Travel Intermediary Services Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Albania | 241.3 | 2022 | +75.75% | +8.11% | View data |
| 2 | 2 Poland | 212.6 | 2022 | +69.13% | +13.39% | View data |
| 3 | 3 Cyprus | 196.9 | 2022 | +271.51% | +10.63% | View data |
| 4 | 4 Serbia | 186.5 | 2022 | +56.2% | +7.92% | View data |
| 5 | 5 Bulgaria | 175.2 | 2022 | +115.76% | +8.86% | View data |
| 6 | 6 Lithuania | 170.4 | 2022 | +121.88% | +6.7% | View data |
| 7 | 7 Netherlands | 165.9 | 2022 | +73.35% | +4.04% | View data |
| 8 | 8 Latvia | 149.4 | 2022 | +98.67% | +6.71% | View data |
| 9 | 9 Czech Republic | 135.2 | 2022 | +154.61% | +4.08% | View data |
| 10 | 10 Greece | 134.6 | 2022 | +94.79% | +5.27% | View data |