What’s really going on with business travel?

Messaging regarding the recovery of the business travel segment has been mixed. Since the onset of the COVID-19 pandemic, a number of the industry’s leading voices have claimed that business travel will never fully recover due to changing working habits – namely remote working and digital nomadism; company cost reduction; and a growing awareness of […]

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ACI EUROPE: Passenger traffic full recovery pushed back to 2025

ACI EUROPE has released a revised passenger traffic forecast for the European airport network, showing that passenger volumes in 2023 are set to fall -9% below pre-pandemic (2019) levels and that a full recovery has now been pushed back to 2025 – rather than 2024 as previously forecast (May 2022). Olivier Jankovec, Director General of […]

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ETC: Consumer attitudes & future expectations to drive Tourism recovery

The European tourism sector continues to bounce back from the COVID-19 pandemic. Europe enjoyed a strong travel rebound over the summer months of 2022, as people want to make up for experiences lost to the pandemic. However, the sector faced other major challenges this year such as staff shortages, increased living costs, and an energy […]

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UNWTO: Tourism recovery accelerates to reach 65% of pre-pandemic levels

International tourism is on track to reach 65% of pre-pandemic levels by the end of 2022 as the sector continues to bounce back from the pandemic. An estimated 700 million tourists travelled internationally between January and September, more than double (+133%) the number recorded for the same period in 2021. This equates to 63% of […]

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UNWTO: International tourism consolidates strong recovery amidst growing challenges

International tourism continues to show signs of a strong and steady recovery from the impact of the pandemic despite significant mounting economic and geopolitical challenges. According to the latest UNWTO World Tourism Barometer, international tourism saw a strong rebound in the first five months of 2022, with almost 250 million international arrivals recorded. This compares […]

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ACI Europe: Air connectivity recovery incomplete and uneven

On the eve of its 32nd Annual Congress and General Assembly, ACI EUROPE is today publishing the Airport Industry Connectivity Report for 2022, which reveals that the recovery of European air connectivity from the COVID-19 pandemic is uneven and still difficult. This reflects the combination of yet not fully lifted travel restrictions, the impact of […]

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Many Europeans planning multiple holidays despite concerns around increasing travel costs

Travel sentiment among Europeans remains strong, with 73% planning to embark on a holiday between June and November 2022 despite various concerns, including high inflation, the Russo-Ukrainian crisis and the ongoing pandemic. Interest in visiting other European destinations (58%) has increased significantly (+7%) since last summer. Notably, 31% of respondents will head to an adjacent […]

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money tourism photo ETC

ETC: European tourism to remain resilient in 2022 amidst pandemic & geopolitical Uncertainty

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 amidst risks on multiple fronts. The report monitors the impact of the COVID-19 pandemic as well as current economic and geopolitical headwinds and anticipates that European tourism will continue […]

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Drop in russian outbound Tourism to remove USD7 billion from global Tourism

Travel and tourism was poised for an upturn in 2022, as it hoped to put the pandemic behind it. However, new threats have recently emerged that will delay the much-needed recovery. Inflation spike exacerbated by war in Ukraine At the beginning of 2022, there were warning signs that inflation was surging, with higher energy and […]

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