The employment in the Travel Agency Activities sector in Belgium has seen considerable fluctuation over the past decade. From 2013 to 2019, the sector experienced a mix of decline and growth, with significant drops in 2016 and 2017, followed by a substantial decrease in 2020 due to the pandemic. Recovery began in 2021, and by 2023, the sector employed 3.49 thousand full-time equivalents, showing a 7.45% increase from 2022. However, projected data indicates a declining trend from 2024 onwards, with a forecasted 5-year CAGR of -2.87%, suggesting a gradual downturn towards 2028.

Future trends to watch for include:

Impact of digital transformation and automation on traditional travel agency roles
Shifts in consumer preferences towards online booking platforms
Potential labor market responses to evolving travel dynamics post-pandemic
Economic fluctuations and their effects on discretionary spending in travel