One in ten companies in Europe belongs to the tourism industry

first_imgA total of 2,4 million companies employed 13,6 million people, representing 10% of employees in the European economy and 22% of employees in the service sector. In the period from 2012 to 2016, the tourism industry achieved stronger growth than the total economy in relation to the number of companies, turnover, value added and the number of employees. Looking at companies in the tourism sector in the period from 2012 to 2016, the number of companies increased by 19%, turnover by 13%, the number of employees increased by 10%, while value added increased by 28%.  A comparison of the above figures with the data for the entire EU market economy, where growth rates were 9%, 5%, 6% and 16%, speaks volumes about the growth of the tourism sector. In 2016, one in ten companies in Europe belonged to the tourism industry, according to the latest Eurostat data (European Union Statistical Office)  Source: Eurostatlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *