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

From 2017 to 2022, the return on equity (ROE) of the travel agency and tour operator sector in Italy is expected to decrease significantly. The ROE is a measure obtained by dividing the net income of a company by its equity over a specific period. This is used to measure a company’s profitability. Data provided by Prometeia show that the return on equity peaked at 13.2 percent in 2017. This value is expected to dropped dramatically in 2020, reaching 0.5 percent. Then, it is estimated that the ROE will started to rise again gradually in 2021 and 2022.

From ROE to ROI: an outlook for the return on investment of the sector from 2017 to 2022

As for the ROE, also the return on investment (ROI) of the travel agency and tour operator sector in Italy is estimated to decrease from 2017 to 2022. Whereas the ROI recorded a peak in 2017, this value is expected to decrease sharply in 2020, and eventually increase again during the following two years.

Number of employees and production value of the sector from 2017 to 2022

As ROE and ROI are expected to decrease, both the number of employees and the production value of the travel agency and tour operator sector in Italy are expected to go down from 2017 to 2022. In 2017, the sector employed approximately 19 thousand people. Then, this figure is forecasted to reach roughly 14 thousand employees in 2020. Similarly, the production value of the sector amounted to 8.5 billion euros in 2017 and it is estimated to drop to about six billion euros in 2020. As estimated, both the number of employees and the production value will then rise gradually in 2021 and 2022.