In 2020, the production value of the travel agency and tour operator sector in Italy is estimated to decrease dramatically. Data provided by Prometeia show that it is expected to decrease by almost 40 percent, compared to the previous year. However, the production value is estimated to grow again in both 2021 and 2022.
Production value of the sector from 2017 to 2022
In 2017, the production value of the travel agency and tour operator sector in Italy amounted to over 8.5 billion euros. According to the estimates, this figure peaked at 9.7 billion euros in 2019. Then, it is expected to drop to about six billion euros in 2020, and eventually increase again in the following two years.
ROI and ROE of the sector from 2017 to 2022
According to the estimates, both the return on investment (ROI) and the return on equity (ROE) of this sector will follow similar trends. In fact, while the ROI peaked at 12.4 percent in 2019, it is expected to drop remarkably in 2020. Similarly, the ROE peaked at 13.2 percent in 2017, but it is estimated to go down to 0.5 percent in 2020. Overall, both ROI and ROE are estimated to rise again in 2021 and 2022.
Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022
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Prometeia. (July 9, 2020). Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/
Prometeia. "Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022 ." Chart. July 9, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/
Prometeia. (2020). Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022 . Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/
Prometeia. "Annual Percentage Change in The Production Value of The Travel Agency and Tour Operator Sector in Italy from 2017 to 2022 ." Statista, Statista Inc., 9 Jul 2020, https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/
Prometeia, Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022 Statista, https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/ (last visited November 23, 2024)
Annual percentage change in the production value of the travel agency and tour operator sector in Italy from 2017 to 2022 [Graph], Prometeia, July 9, 2020. [Online]. Available: https://www.statista.com/statistics/1008398/y-o-y-variation-of-the-production-value-of-the-travel-agency-and-tour-operator-sector-in-italy/