The travel agency and tour operator sector in Denmark saw a consistent employment level from 2013 to 2018, with 6,000 employees each year. A notable peak occurred in 2019 with a 16.67% increase, reaching 7,000 employees.
The COVID-19 pandemic significantly impacted the sector, causing a steep decline in 2020 by 28.57%, followed by another 20% reduction in 2021. Recovery commenced in 2022 with a 25% increase, stabilizing at 5,000 employees in 2023.
Forecasts from 2024 to 2028 predict a stable employment level without significant growth, maintaining approximately 5,000 employees annually. This represents a no-change scenario with 0% forecasted CAGR.
Future trends to watch for:
Keeping an eye on the impact of technology and digital transformation in the travel industry, along with emerging travel trends post-pandemic, will be crucial. Industry innovations and shifts in consumer behavior could potentially influence employment trends.