The employment in the Travel Agency Activities sector in the Netherlands has seen a general upward trend from 2013 to 2023, with a few exceptions. Between 2013 and 2018, the sector experienced steady growth, highlighted by significant year-on-year increases, reaching a peak in 2018. However, there was a slight dip in 2019 and a noticeable decline in 2020, likely due to the COVID-19 pandemic. Recovery began in 2021, with moderate increases through 2023 where employment stood at 12,000 FTEs.
Between 2018 and 2022, the compounded annual growth rate (CAGR) was relatively low, reflecting the sector’s struggle to regain its pre-pandemic momentum. Future forecasts from 2024 to 2028 suggest a gradual growth trajectory with a steady increase, resulting in a forecasted CAGR of 1.2% and an overall growth of 6.15% over the next five years.
Trends to watch for in the future include:
- Technological advancements and digital transformation in travel services.
- Potential impacts of global travel policies and economic factors.
- Continued recovery and adaptation post-COVID-19.
- Increasing demand for sustainable and personalized travel experiences.
