The travel services sector in Belgium stood at 7.0 thousand employees in 2023. The forecasted data for the number of employees in travel services from 2024 to 2028 shows a slight but consistent decline. From 2024 to 2025, there is a marginal decrease of 1.45%, followed by a period of stabilization from 2025 to 2026 and 2026 to 2027 with a reduction of 0%. The downward trend continues with another 1.47% drop between 2027 and 2028. Over the entire forecasted period, the sector is expected to experience a compound annual growth rate (CAGR) of -0.85%, indicating a steady decline in employment.
Future trends to watch for include technological advancements and increasing automation, which could further impact employee numbers. Additionally, economic conditions and shifts in travel demand due to global events or local policy changes could significantly influence the employment landscape in travel services.