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Production value of the travel agency and tour operator sector in Italy 2017-2022

From 2017 to 2022, the production value of the travel agency and tour operator sector in Italy is expected to decrease overall. As reported by Prometeia, the sector recorded a production value of approximately 8.5 billion euros in 2017. According to the estimates, this figure, that peaked at 9.7 billion euros in 2019, will drop sharply to about six billion euros in 2020. During the following two years, the production value of this sector is expected to rise again gradually.

The estimated number of employees in the sector from 2017 to 2022

From 2017 to 2022, the number of employees in the travel agency and tour operator sector in Italy is also expected to go down. The sector recorded about 19 thousand employees in 2017. Then, it is forecasted that this figure will decrease significantly in 2020, reaching 14 thousand, then rise again in 2021 and 2022.

ROI and ROE outlooks of the sector from 2017 to 2022

It is estimated that both the return on investment (ROI) and the return on equity (ROE) of the Italian travel agency and tour operator sector will decrease during the period considered. In 2017, the ROI peaked at 11.1 percent. However, this share is expected to go down dramatically in 2020, before rising again in 2021 and 2022. Similarly, the ROE registered a 13.2 percent in 2017, but it is estimated that the return on equity will reach 0.5 percent in 2020. During the following two years, it is also expected to record an increasing trend.

Production value of the travel agency and tour operator sector in Italy from 2017 to 2022

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Sources

In cooperation with
Prometeia
Release date

July 2020

Region

Italy

Survey time period

2017 to 2020*

Supplementary notes

*Figures for years 2019 to 2022 were estimated by the source. Data for 2017 were previously published by the source.

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