The turnover of travel agency and tour operator services in Spain experienced significant fluctuations from 2013 to 2023, peaking in 2019 at 23.96 billion euros before plummeting drastically in 2020 due to the COVID-19 pandemic, reaching a low of 5.94 billion euros. Recovery was evident with a strong rebound in 2021 and consistent growth thereafter, reaching 26.15 billion euros by 2023. The year-on-year variation was 20.5% in 2023, reflecting a positive trend post-pandemic with a five-year CAGR of 2.62% up to 2023. Forecasted data suggest a steady increase, with moderate growth expected until 2028, reaching 28.0 billion euros.

Future trends to watch for: