3 signs that point to a strong European travel market
- May 2023
- 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.
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):
- Europe Travel Market Report 2022-2026
- France Travel Market Report 2022-2026
- Germany Travel Market Report 2022-2026
- Italy Travel Market Report 2022-2026
- Scandinavia Travel Market Report 2022-2026
- Spain Travel Market Report 2022-2026
- U.K. Travel Market Report 2022-2026
- Europe Travel Market Data Sheet 2022-2026 (subscribers only)
For further intelligence for you and your entire company, subscribe to Phocuswright Open Access. This subscription puts the entire Phocuswright research library and powerful data visualization tools at your fingertips. There’s a reason executives around the world trust and reference Phocuswright research and data on a daily basis. Explore for yourself why.
Plus, we just redesigned Phocal Point, the powerful data visualization tool that now makes it easier to access and interpret Phocuswright data.
It's all about the data. With an updated navigation interface, new dynamic filtering, additional segment and channel breakouts in select markets and rich detailed views of 35+ markets, Phocal Point allows you to create custom interactive charts and view travel data by segment, channel, device, region and country. Our proprietary travel industry market sizing data allows you to look to the future with projections through 2026, and review historical data as far back as 2009.