The 2023 data indicates varying trends in the number of high-growth enterprises among European countries in the travel agency and tour operator services sector. Italy exhibited a growth of 10.58%, while Hungary and Slovakia led with 25.29% and 26.37% growth, respectively. Portugal saw a minimal decline, highlighting a contrast with other nations. The Czech Republic and Lithuania experienced modest growth, while Norway also showed a significant increase of 24.57%.
Looking forward, key trends to monitor include:
- Emerging markets such as Hungary and Slovakia may continue to develop robust high-growth enterprises.
- Italy might stabilize its upward trajectory, propelled by increased demand in tourism and travel.
- Portugal could explore revitalization strategies to reverse its slight downturn.
Top countries in Number of High Growth Enterprises in Travel Agency and Tour Operator Services Share by Country (Units (Enterprises))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 38 | 2023 | +32.79% | +10.58% | View data |
| 2 | 2 Hungary | 16.66 | 2023 | +33.96% | +25.29% | View data |
| 3 | 3 Portugal | 9.62 | 2023 | +28.13% | -0.24% | View data |
| 4 | 4 Czech Republic | 8.68 | 2023 | +23.33% | +0.55% | View data |
| 5 | 5 Romania | 7.27 | 2023 | +29.17% | +9.16% | View data |
| 6 | 6 Lithuania | 7.27 | 2023 | +34.78% | +5.53% | View data |
| 7 | 7 Slovakia | 6.8 | 2023 | +52.63% | +26.37% | View data |
| 8 | 8 Norway | 2.11 | 2023 | +28.57% | +24.57% | View data |
