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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A new report, produced for the World Travel Market (WTM) by ForwardKeys, reveals that in the third quarter of the year, July, August and September, global air travel is set to reach 65% of where it was before the pandemic in 2019. However, the revival is patchy, with some parts of the world doing much […]
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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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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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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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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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For the first time since the COVID-19 pandemic hit, Europe’s regional airports and their business partners gather in Palermo, Italy for the 13th Annual ACI EUROPE Regional Airports Conference and Exhibition, hosted by GESAP (Palermo Airport Company). The event provides the opportunity to review trading conditions against the background of a much more controlled but […]
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In 2021, tourism was among the sectors that started to recover from the COVID-19 pandemic, following the easing of certain restrictions related to it, such as travel restrictions as well as other precautionary measures taken in response, according to Eurostat. In 2021, the number of nights spent at EU tourist accommodation establishments totalled 1.8 billion, […]
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Uncertainty brought about by the Omicron variant negatively impacted Europe’s travel and tourism sector at the end of Q4 2021, hampering prospects for its recovery in the first quarter of 2022. Nonetheless, optimism remains as the European Travel Commission (ETC) predicts tourist arrivals to be just 20% below pre-pandemic levels in 2022, in spite of […]
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Major new research from the World Travel & Tourism Council (WTTC) has revealed the global Travel & Tourism sector’s contribution to the global economy could reach $8.6 trillion this year, just 6.4% behind pre-pandemic levels. In 2019, before the pandemic stopped travel in its tracks, the Travel & Tourism sector generated nearly $9.2 trillion to […]
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