Between 2013 and 2023, the wages and salaries of tour operator services in Denmark experienced notable fluctuations. After a dip from 98.2 million euros in 2013 to 96.5 million euros in 2015, the industry saw a significant increase, peaking at 126.4 million euros in 2019. However, the COVID-19 pandemic caused a sharp decline to 89.3 million euros in 2020. Recovery was swift, with values reaching 130.9 million euros in 2023.
The year-on-year variation from 2022 to 2023 was 7.21%, showing a positive trend, while the CAGR over the last 5 years stands at 0.88%. Looking ahead, forecasts indicate moderate growth, reaching 134.1 million euros by 2028, with a 5-year CAGR of 0.33%.
Future trends to watch for include:
- Impact of post-pandemic recovery on tourism demand.
- Technological advancements in tour operations.
- Shifts in consumer behavior toward sustainable and experiential travel.