In 2023, the production value of travel agency and tour operator services in Switzerland stood at 14.23 billion Euros. The forecast for 2024 is 14.93 billion Euros, marking a year-on-year increase of 4.9%. For 2025, the expected value is 15.64 billion Euros, showing a further growth of 4.8%. The trend continues upwards with 16.34 billion Euros predicted for 2026 (up by 4.5%), 17.03 billion Euros in 2027 (up by 4.2%), and 17.72 billion Euros in 2028 (up by 4.1%). The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 4.5%.
Future trends to watch for:
- Technological advancements in booking and operational efficiency.
- The influence of sustainable and eco-friendly travel trends.
- Possible impacts of global economic conditions on travel expenditure.
- Changes in consumer preferences towards unique and tailored travel experiences.
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