The Travel Agency and Tour Operator sector in France experienced fluctuations in employee numbers from 2013 to 2023. The sector remained stable between 2013 and 2017, despite minor declines. A recovery occurred in 2018 with an increase in employee numbers, followed by stability in 2019. However, the sector was severely impacted in 2020 with a significant drop of 15.69% due to the COVID-19 pandemic. Recovery began in 2021, with a notable year-on-year increase of 9.3%, and continued into 2022 and 2023 with year-on-year increases of 6.38% and 4% respectively. In 2023, the employee count stood at 52,000 units.
Future trends indicate a continuation of steady growth, with forecasts showing employee numbers remaining at 52,000 units until 2027, before increasing slightly to 53,000 units in 2028. The 5-year CAGR is expected to be 0.38%, reflecting modest growth.
Trends to watch for:
- Impact of technological advancements on traditional travel agency roles
- Potential fluctuations due to economic conditions and travel demand
- Market consolidation and its effect on employment
- Shifts in consumer behavior post-pandemic and their impact on staffing needs