Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent, according to a new report from Accor.
The Call to Action from the global tourism body highlights three key areas of focus to modernise and enhance the sector which would see it reach its potential of a €1.9TN contribution to the European Union’s economy by 2033.
The inaugural Accor Northern Europe Travel Trends Report looks at how Covid has changed our behaviour and how this will influence the way we travel, live, work and play in 2022 and beyond.
In partnership with European Cities Marketing and their Barometer Report, the analysts at ForwardKeys shone the high beam on the highs and lows of travel within Europe this summer and in the last quarter of a roller-coaster year. And a few nuggets were unearthed, showing the return of business and luxury travel back to Europe.
Pandemic effect has wreaked havoc on industry performance
Despite continuing lockdowns, Europeans are progressively interested in trips during the second quarter of 2021 as COVID-19 vaccines are rolled out. That is according to the latest report from the European Travel Commission (ETC) 'Monitoring Sentiment for Domestic and Intra-European Travel – Wave 4' featuring data collected in December 2020.
According to the European Travel Commission’s (ETC) latest quarterly report 'European Tourism: Trends & Prospects', the global health crisis has left the tourism sector in Europe facing a crisis like no other, with heightened uncertainty surrounding its recovery. Latest forecasts indicate that travel to Europe is expected to be 54% lower this year than in 2019.
As we move head-on into the holiday travel season, Sojern’s Q3 Global Travel Insights report uncovers important findings on how this busy period is shaping up for European travelers.
ITB World Travel Trends Report forecasts rising figures for European tourism – Conflicts cause tourists to play safe - Latest surveys by the IPK World Travel Monitor® published exclusively by ITB Berlin
International tourist arrivals to European destinations grew steadily by 5% half way through the year proving exceptional resilience to current geopolitical agitations and slow economic growth in the Eurozone.