The employment in the Travel Agency and Tour Operator Activities sector in Finland has exhibited a downward trend from 2013 to 2023, with significant declines observed particularly around 2020 due to the global pandemic. In 2023, employment stood at 1.37 thousand FTEs. Key year-on-year variations include a massive 35.68% drop in 2020, followed by a resurgence of 19.35% in 2021 and a slight growth of 0.22% in 2023. Over the last five years leading up to 2023, the average year-on-year variation was -5.04%. Future projections suggest a continued decline, with a forecasted 5-year CAGR of -7.23%, leading to an expected employment level of 0.872 thousand FTEs by 2028.
Future trends to watch for:
- Ongoing impact of digital transformation on traditional travel agency roles.
- Potential recovery and shifts due to changing travel patterns and preferences post-pandemic.
- Influence of sustainable travel practices on employment demands.