Forecast: Turnover of Travel Agency and Tour Operator Services in Switzerland

The turnover of travel agency and tour operator services in Switzerland is projected to see steady growth from 2024 to 2028. For 2023, the actual turnover was 14.15 billion Euros, marking a notable upward trend. The values forecasted for upcoming years are 14.82 billion Euros in 2024, rising to 15.53 billion Euros in 2025, 16.22 billion Euros in 2026, 16.91 billion Euros in 2027, and 17.6 billion Euros in 2028. These represent year-on-year growth percentages as follows:

• 2024: 4.73%
• 2025: 4.79%
• 2026: 4.44%
• 2027: 4.25%
• 2028: 4.08%

Over the period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated at 4.46%, indicating a consistent and healthy increase in turnover. This trend highlights a robust recovery and expansion in the travel sector.

Future trends to watch for:

• Increased digitalization of services, offering more personalized and efficient travel experiences.
• A rise in sustainable and eco-friendly travel options in response to growing environmental awareness.
• The potential impact of geopolitical and economic changes on travel patterns and consumer spending behavior.
• Technological advancements, including AI and VR, enhancing customer engagement and service delivery.