Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#26 In EuropeBusiness
#24 In EuropeEmployees
#28 In EuropeWages
#26 In EuropeThe Travel Assistance Service Activities in Latvia ranks 26 in Europe with regards to its 2024 revenue (€42.5m). Revenue received by operators in Latvia has been low in volatility over the past five-year period, with the average annual change in revenue (21.1 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Travel Assistance Service Activities industry in Latvia in 2024?
The market size of the Travel Assistance Service Activities industry in Latvia is €42.5m in 2024.
How many businesses are there in the Travel Assistance Service Activities in Latvia industry in 2024?
There are 281 businesses in the Travel Assistance Service Activities industry in Latvia, which has grown at a CAGR of 3.0 % between 2019 and 2024.
Has the Travel Assistance Service Activities industry in Latvia grown or declined over the past 5 years?
The market size of the Travel Assistance Service Activities industry in Latvia has been declining at a CAGR of 21.1 % between 2019 and 2024.
What is the forecast growth of the Travel Assistance Service Activities industry in Latvia over the next 5 years?
Over the next five years, the Travel Assistance Service Activities industry in Latvia is expected to grow.
What does the Travel Assistance Service Activities in Latvia include?
Travel-related reservation services and Ticket sales for theatrical, sports and entertainment events are part of the Travel Assistance Service Activities industry.
How competitive is the Travel Assistance Service Activities industry in Latvia?
The level of competition is high and steady in the Travel Assistance Service Activities industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Airport Operation in Latvia
- Hotels & Holiday Accommodation in Latvia
Complementors
- Travel Agencies, Tour Operators & Travel Assistance Service Activities in Latvia
- Travel Agencies & Tour Operators in Latvia
- Travel Agencies in Latvia
Table of Contents
About this industry
Industry definition
The industry includes companies that provide travel-related reservation services like transport, hotels, restaurants and car rental reservations. It also includes ticket sales for theatrical, sports and other entertainment events. Tourist guides and information to visitors is also included.
What's included in this industry?
Travel-related reservation servicesTicket sales for theatrical, sports and entertainment eventsVisitor assistance servicesTourism promotion activitiesTime-share exchange servicesIndustry Code
799 - Other reservation service and related activities in Latvia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Travel Assistance Service Activities in Latvia
- Employees in the Travel Assistance Service Activities in Latvia
- Business in the Travel Assistance Service Activities in Latvia
- Profit in the Travel Assistance Service Activities in Latvia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Travel Assistance Service Activities in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Travel Assistance Service Activities in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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