European tourism will have a great year in 2022, despite the risks derived from the pandemic that has not yet been extinguished or from the war in Ukraine, according to the quarterly report ‘European Tourism Trends & Prospects’ by the European Travel Commission (ETC).
The report tracks the risk factors facing tourism, be it the Covid-19 pandemic, as well as current economic and geopolitical hurdles. As a result, it anticipates that European tourism will continue to recover in 2022, albeit at a slower pace than expected.
In 2022, international tourist arrivals in Europe are still forecast to be 30 per cent lower than 2019 volumes, although domestic and short-haul travel is holding up well. Domestic travel is projected to fully recover, while international travel will not exceed 2019 levels until 2025.
Despite remaining in negative territory, year-to-date data for the first quarter of 2022 showed that, across all reported destinations, arrivals are estimated to be 43 percent lower on a weighted basis relative to 2019. , an improvement from the 60 percent decline seen in the previous quarter.
The fastest rebounds, based on data through February, were reported by Serbia (-11 percent) and Turkey (-12 percent). Other destinations that are recovering at a faster rate based on data from February to March 2022 are Bulgaria (-18%), Austria (-33%), Spain and Monaco (both -34%) and Croatia (-37%). ).