The employment in the Tour Operator Activities sector in Denmark showed fluctuating trends from 2013 to 2023. Beginning with a decrease from 2.03 thousand FTEs in 2013 to 1.86 thousand in 2015, employment surged to 2.25 thousand in 2016 before declining again to 1.57 thousand in 2020 due to the pandemic. A recovery phase began in 2021, reaching 1.9 thousand by 2023. Year-on-year variations indicate significant volatility, with a sharp drop in 2020 followed by gradual recovery. The average annual change over the last five years, a CAGR of -2.07%, reflects a challenging landscape for the sector.
Looking forward, forecasts suggest a continuous decline in employment, with projections reaching 1.64 thousand FTEs by 2028. This expected reduction corresponds to a forecasted 5-year CAGR of -2.41%, indicating a persistent contraction. Future trends to watch for include the impact of economic conditions, travel restrictions, and shifts in tourism demand, which could influence employment further.
