Research Insights 3 signs that point to a strong European travel market

3 signs that point to a strong European travel market

Published:
May 2023
Analyst:
Phocuswright Research

The European travel market is still facing headwinds in its post-COVID recovery. Featuring nearly 69% year-over-year growth in 2022, the market nevertheless still came up short of 2019 totals. Rebuilding will continue through 2025, when 2019 totals will finally be surpassed, and further growth is finally anticipated. The global return to cross-continental tourism is slated for 2023 and beyond, which will serve as a major recovery factor.

According to Phocuswright’s latest travel research Europe Travel Market Report 2022-2026, there are 3 signs that point to a strong European travel market.

3 things that point to a strong European travel market - #Phocuswright research

 

For this report series, six key markets comprise the Europe travel market: France, Germany, Italy, Scandinavia, Spain and the U.K. Collectively, the series provides comprehensive market sizing and projections for the European travel industry from 2019-2026, including analysis of key segments, share and trends, distribution dynamics and more.

Reports in the Europe Travel Market Report 2022-2026 series (available now or publishing soon):

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