The 2023 data reveal Russia leading with 14.25 thousand enterprises in the global travel services sector, followed closely by Germany with 14.2 thousand. Australia and France also demonstrate robust figures, both exceeding 10 thousand enterprises. Portugal and Slovenia saw declines in enterprise count, at -5.56% and -12.43% respectively, while Chile experienced a notable growth at 7.44%. Emerging markets such as Kazakhstan and Lithuania are exhibiting growth, while Western European countries show varied trends. Substantial negative shifts were observed in Denmark and Malta.
Looking forward, emerging trends include the significant expansion in countries like Chile and Lithuania, while traditional markets in Western Europe and Russia stabilize. Sustainable travel and technological advancements in digitization and green energy are likely to influence enterprise growth and adaptations. Close attention to regulatory changes and their impact on market dynamics will be critical.
Top countries in Travel Services Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 14,250 | 2023 | +1.98% | +0.83% | View data |
| 2 | 2 Germany | 14,200 | 2023 | +7.16% | +1.25% | View data |
| 3 | 3 Australia | 10,140 | 2023 | +4.28% | +3.46% | View data |
| 4 | 4 France | 10,090 | 2023 | +1.72% | +2.23% | View data |
| 5 | 5 United Kingdom | 9,120 | 2023 | +1.48% | +1.62% | View data |
| 6 | 6 Kazakhstan | 6,300 | 2023 | +2.24% | +2.19% | View data |
| 7 | 7 Chile | 3,900 | 2023 | +10.55% | +7.44% | View data |
| 8 | 8 Portugal | 3,410 | 2023 | -9.24% | -5.56% | View data |
| 9 | 9 Hungary | 3,330 | 2023 | +0.51% | -0.14% | View data |
| 10 | 10 Austria | 2,520 | 2023 | +0.28% | +0.26% | View data |
