The European travel intermediary services market in 2023 saw Italy leading with 169 high growth enterprises. Hungary followed with 80, reflecting a robust growth pattern. Portugal showed modest growth with 63 enterprises. The Czech Republic, Romania, and Lithuania had slight increases, showcasing stable trajectories. Slovakia experienced significant growth, while Norway witnessed a slight decline. Italy, Hungary, and Slovakia showed notable year-on-year increases at 8.97%, 25.21%, and 26.37% respectively. Norway's decline at -2.82% highlights regional disparities. The five-year CAGR reveals insights into the average annual growth rates across these countries, providing a long-term growth perspective.
Future trends to watch include:
- The impact of evolving digital platforms on enterprise growth.
- The influence of geopolitical dynamics on travel patterns and business expansions.
- Technological advancements improving service offerings and operational efficiencies.
- Sustainability practices influencing consumer preferences and enterprise strategies.
Top countries in Number of High Growth Enterprises in Travel Intermediary Services by Country
| # | 8 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 169 | 2023 | +30% | +8.97% | View data |
| 2 | 2 Hungary | 80 | 2023 | +35.59% | +25.21% | View data |
| 3 | 3 Portugal | 63 | 2023 | +28.57% | +4.73% | View data |
| 4 | 4 Czech Republic | 42 | 2023 | +23.53% | +0.48% | View data |
| 5 | 5 Romania | 36 | 2023 | +33.33% | +9.37% | View data |
| 6 | 6 Lithuania | 33 | 2023 | +26.92% | +8.45% | View data |
| 7 | 7 Slovakia | 29 | 2023 | +52.63% | +26.37% | View data |
| 8 | 8 Norway | 13 | 2023 | +30% | -2.82% | View data |
