The European travel and tourism industry experienced a 30% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Marriott International with 4,550 job postings, according to GlobalData’s analysis of travel and tourism company job postings. Buy the report here.
Notably, Management Occupations jobs accounted for a 12% share of the European travel and tourism industry’s total new job postings in Q1 2023, rise 4% over the prior quarter.
Management Occupations drive travel and tourism hiring activity
Management Occupations, with a share of 12% new job postings, was the occupation with the greatest hiring activity in the European travel and tourism industry in Q1 2023 , ahead of Food Preparation and Serving Related Occupations with an 8% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with an 8% share in Q1 2023, Computer and Mathematical Occupations with a 5% share and Business and Financial Operations Occupations with a 4% share of new job postings.
Top five companies accounted for 41% of hiring activity
Marriott International posted 4,550 jobs in Q1 2023 and registered a growth of 115% over the previous quarter, followed by Accor with 2,669 jobs and a 43% growth. Deutsche Bahn, with 1,938 jobs, and Chiltern Railway, with 1,904 jobs, recorded a 72% drop and an 84% drop, respectively, while TUI recorded a 2% decline with a 1,239 new job postings during Q1 2023.
Regional analysis of hiring in the European travel and tourism industry, Q1 2023
Germany held the leading share of the European travel and tourism hiring activity with a 26.47% share, a 64% decrease over Q4 2022. the UK was next with 25.75%, four-percentage-point down over the previous quarter.