The Asia-Pacific travel and tourism industry experienced a 22% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Marriott International with 21,633 job postings, according to GlobalData’s analysis of travel and tourism company job postings. GlobalData’s Travel & Tourism: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the travel & tourism industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 19% share of the Asia-Pacific travel and tourism industry’s total new job postings in Q2 2024, drop 27% over the prior quarter.
Management Occupations drive travel and tourism industry hiring activity
Management Occupations, with a share of 19% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific travel and tourism industry in Q2 2024 , ahead of Food Preparation and Serving Related Occupations with a 14% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with a 9% share in Q2 2024, Business and Financial Operations Occupations with a 4% share and Building and Grounds Cleaning and Maintenance Occupations with a 4% share of new job postings.
Top five companies accounted for 80% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 80% of the overall hiring activity in the Asia-Pacific travel and tourism industry in Q2 2024.
Marriott International posted 21,633 jobs in Q2 2024 and registered a growth of 3% over the previous quarter, followed by Shangri-La Asia with 17,704 jobs and a 50% drop. Accor, with 2,264 jobs, and Hilton Worldwide, with 1,979 jobs, recorded an 11% drop and an 8% drop, respectively, while Intercontinental Hotels and Resorts recorded a 275% increase with a 1,468 new job postings during Q2 2024.
Regional analysis of hiring in the Asia-Pacific travel and tourism industry, Q2 2024
India held the leading share of the Asia-Pacific travel and tourism hiring activity with a 27.91% share, a 32% decrease over Q1 2024. China was next with 19.96%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Travel & Tourism: Hiring Trends & Signals Q2 2024, buy the report here.
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