ETC Survey Finds European Tourism to Remain Resilient in 2022

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May 12. The most recent edition of the “European Tourism Trends & Prospects” quarterly report from the European Travel Commission (ETC) predicts that European tourism will demonstrate resilience amid risks on multiple fronts. The report monitors the impact of the COVID-19 pandemic as well as current economic and geopolitical headwind, such as the war in Ukraine, and anticipates that European tourism will continue recovering in 2022, albeit at a slower pace than previously hoped.

In 2022, international tourist arrivals to Europe are forecast to be 30 percent below 2019 volumes, supported by domestic and short-haul travel. Domestic travel is projected to recover fully in 2022, while international travel is not expected to exceed 2019 levels until 2025.

Despite remaining in negative territory, year-to-date data for first quarter 2022 showed that across all reporting destinations, arrivals are estimated to be 43 percent lower on a weighted basis relative to 2019, an improvement over the 60 percent decline observed in the previous quarter. The fastest rebounds based on data to February were reported by Serbia (down 11 percent) and Turkey (down 12 percent). Other destinations recovering at a faster pace based on data to February-March 2022 are Bulgaria (down 18 percent), Austria (down 33 percent), Spain and Monaco (both down 34 percent), and Croatia (down 37 percent).

The report shows that COVID-19 is ebbing as the primary factor influencing consumer travel plans. Helped by the COVID-19 vaccines and boosters, as well as destinations’ health protocols and certifications, international travelers are now less hesitant about visiting Europe. Many countries, such as Spain, France and Italy, have removed the requirement for COVID testing prior to travel, conditional on vaccination status. As a result of these actions, Western Europe is forecast to be the best performing region globally this year, albeit 24 percent below 2019 levels.

Source: Insider Travel

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120430cookie-checkETC Survey Finds European Tourism to Remain Resilient in 2022