The global travel and tourism industry experienced a 38% rise in new job postings in Q1 2024 compared with the previous quarter, with the highest share accounted for by Marriott International with 49,731 job postings according to GlobalData’s analysis of travel & tourism company job postings. GlobalData’s Travel & Tourism: Hiring Trends & Signals Q1 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, Food Preparation and Serving Related Occupations jobs accounted for a 16% share of the global travel and tourism industry’s new job postings in Q1 2024, up 32% over the prior quarter.
Food Preparation and Serving Related Occupations drive travel and tourism industry hiring activity
Food Preparation and Serving Related Occupations, with a share of 16%, was the occupation with the greatest hiring activity in the global travel and tourism industry in Q1 2024, ahead of Management Occupations with a 14% share of job postings.
The other prominent roles include Office and Administrative Support Occupations with a 9% share in Q1 2024, Building and Grounds Cleaning and Maintenance Occupations with a 30% share and Personal Care and Service Occupations with a 5% share of new job postings.
Top five companies in travel and tourism industry accounted for 57% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 57% share of the overall hiring activity in the global travel and tourism industry in Q1 2024.
Marriott International posted 49,731 jobs in Q1 2024 and registered a growth of 28% over the previous quarter, followed by Shangri-La Asia with 34,067 jobs and a 215% growth. Hilton Worldwide with 11,349 jobs and Accor with 6,830 jobs, recorded a 25% growth and 0.09% drop, respectively, while Extended Stay America recorded a 6% drop with 3,915 job postings during Q1 2024.
Hiring activity was driven by North America with a 47% share of total new job postings, Q1 2024
North America held the leading share of the new job postings in the global travel and tourism industry with a 47% share, a 4% higher over Q4 2023. Asia-Pacific stood next with 32%, registering a 61% growth over the previous quarter.
Europe with a 13% share marked a 4% drop over Q4 2023. The Middle East & Africa and South & Central America accounted for shares of 4% and 0.71% respectively.
For further understanding of GlobalData's Travel & Tourism: Hiring Trends & Signals Q1 2024, buy the report here.
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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
