The European Air Transport; Accommodation; Travel Agency, Tour Operator Reservation Service Turnover Index illustrates a diverse landscape across countries. In 2024, Hungary leads with a significant value of 20.44, followed closely by Luxembourg and Bulgaria. Over the past two years, Hungary and Luxembourg experienced notable growth, with increases of 10.46% and 11.46% respectively. Conversely, Austria and Denmark faced declines, at -3.31% and -2.28%. The five-year CAGR highlights Hungary's robust market dynamics in this sector.
Future trends to watch include the impact of technology-driven service innovations, sustainability pressures, and geopolitical developments affecting travel patterns. Additionally, economic recovery and consumer confidence post-pandemic will play pivotal roles in shaping the sector's trajectory in Europe.
Top countries in Air Transport; Accommodation; Travel Agency, Tour Operator Reservation Service Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 204.4 | 2022 | +140.75% | +10.46% | View data |
| 2 | 2 Luxembourg | 190.3 | 2022 | +27.63% | +11.46% | View data |
| 3 | 3 Bulgaria | 173.7 | 2022 | +87.78% | +8.17% | View data |
| 4 | 4 Estonia | 168.4 | 2022 | +81.27% | +5.67% | View data |
| 5 | 5 Malta | 164.3 | 2022 | +47.22% | +2.45% | View data |
| 6 | 6 Cyprus | 159.3 | 2022 | +87.85% | +1.01% | View data |
| 7 | 7 Lithuania | 155.5 | 2022 | +97.34% | +4% | View data |
| 8 | 8 Latvia | 152.1 | 2022 | View data | ||
| 9 | 9 Greece | 143.8 | 2022 | +76.44% | +2.87% | View data |
| 10 | 10 Portugal | 140.6 | 2022 | View data |
