The employment in the Travel Agency Activities sector in France was at 9.93 thousand FTE in 2023. Over the past decade, this sector has experienced fluctuating trends, with significant declines observed between 2016 and 2020, notably a drastic 50.88% drop during 2020. This downfall was followed by a recovery phase, but employment levels have not returned to pre-2013 figures. In the past two years, from 2022 to 2023, employment increased by 3.09%, showing a slight recovery but still indicating overall instability. The 5-year CAGR from 2018 to 2023 stands at -3.37%.

Future trends to watch for:

Continued decline: Forecasts suggest a continued downturn with a projected 5-year CAGR of -7.84% from 2024 to 2028.
Impact of digitalization: Increasing digitalization and alternative travel booking methods could further impact traditional travel agency employment.
Adaptation and Resilience: Employment figures could stabilize if the sector effectively adapts to new market demands and technological advancements.