Category: Tourism
Europe Tourism
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Macro - Country Economic Forecasts - Albania
... sector – evidenced by rising confidence and strong annual output growth – and a booming tourism sector, with record-high arrivals nearly 20% above last year's cumulative figures through August. July's rate cut will provide an ... Read More
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Macro - Country Economic Forecasts - Greece
... 2023 is now 2.3% higher than the previous estimate. We'll incorporate the new data into our forecast as soon as the quarterly release is available, but will likely lead to an increase in our forecast. Read More
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Macro - Country Economic Forecasts - Italy
... kept our 2025 GDP growth forecast at 1.0%, we recognise some downside risks to our outlook as surveys have been softer than at the start of this year. We project inflation will average 1.0% this ... Read More
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Stockholm in Sweden
... penetration, wealth and other consumer topics. On top of the consumer analysis, economic city landscape is represented including statistics and projections for key macroeconomic, labour and transport indicators. Euromonitor International’s City Review reports analyse key ... Read More
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Tourism Flows in Ireland
... following the lifting of pandemic restrictions, Irish tourists considering outbound travel preferred to stay closer to home, travelling within Europe. However, the key trend in 2024 is the increasing willingness to travel beyond Europe to ... Read More
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Travel in Ireland
... more by volume, rather than inflation. Nevertheless, Ireland remains a relatively high-cost environment, especially as 2024 is the first full year with VAT on hospitality restored to 13.5%. This means that Ireland’s tourism providers must ... Read More
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Booking in Ireland
... trend in previous years, when growth was driven both by a return to travel, but also high inflation and its impact on prices. Competition between direct suppliers and intermediaries continues in 2024, largely due to ... Read More
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Booking in Croatia
... destinations, they are already familiar with, such as Croatia. This has led to a steady increase in sales for online travel agents targeting inbound tourists. The ease and flexibility offered by these platforms have made ... Read More
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Travel in Croatia
... Europe but also from more distant countries such as the United States, South Korea, and Japan, as visitors from these non-European countries appreciate the convenience of not needing to arrange a separate visa and the ... Read More
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Tourism Flows in Croatia
... such as Italy and Spain. However, inbound arrivals benefit from several positive developments, including new flight connections, Croatia’s entry into the Schengen Area and Eurozone, and a resurgence of tourists from distant markets. Traditional source ... Read More
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Amsterdam in the Netherlands
... expenditure, digital penetration, wealth and other consumer topics. On top of the consumer analysis, economic city landscape is represented including statistics and projections for key macroeconomic, labour and transport indicators. Euromonitor International’s City Review reports ... Read More
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Booking in Bulgaria
... to this demand. Added to which, inflationary pressures remain, thus the total cost of a trip or holiday is an important criterion for consumers. Therefore, budget-conscious consumers seek the best deals they can find, either ... Read More
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Tourism Flows in Bulgaria
... strong appetite for travel. Euromonitor International's Tourism Flows in Bulgaria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2019-2023, ... Read More
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Tourism Flows in Slovakia
... there is also growing interest in more exotic destinations, including Vietnam, the Maldives, and Zanzibar. Travel intermediaries increasingly offer year-round holiday packages to these exotic locations, supported by direct charter flights from Bratislava, leading to ... Read More
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Tourism Flows in the Czech Republic
... and Slovakia. Tourists from these and other European countries typically come for a couple of days, mostly weekends and most stay in Prague. This is leading to lower inbound spending. Euromonitor International's Tourism Flows in ... Read More
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Booking in the Czech Republic
... but also due to an increasing offer of exotic destinations which has been supported by direct charter flights. The holiday budgets of Czechs were negatively impacted by economic pressures in 2023 but their appetite for ... Read More
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Booking in Slovakia
... Kiwi.com, launched a significant partnership with AXA Partners CEE, a specialist in travel insurance, allowing passengers to select insurance directly on the Kiwi.com platform when purchasing tickets. This marked the first time Kiwi.com promoted its ... Read More
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Macro - Country Economic Forecasts - Spain
... signs of a moderate slowdown in Q3, Spain will remain one of the fastest growing economies in the eurozone this year. Its booming tourism industry and strong growth in services continues to boost activity. We ... Read More
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Travel in Slovakia
... This may change with the establishment of the Ministry for Tourism, which aims to increase inbound tourism. One of the challenges faced is attracting tourists for more than just a one-day visit to the capital. ... Read More
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Travel in Bulgaria
... advance, opting for shorter stays, and even organising their itineraries themselves rather than using an intermediary in some cases. Euromonitor International's Travel in Bulgaria report offers a comprehensive guide to the size and shape of ... Read More
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Travel in the Czech Republic
... travel continues to see strong growth in 2024. Nonetheless, despite strong growth in the number of outbound trips consumers are showing more price sensitivity which is impacting the choice of destination, the choice of lodging ... Read More
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Booking in Germany
... and play a role in the shift in consumers’ behaviour and priorities. In addition, lingering economic uncertainties and political unrest contribute to a slowdown in spending, including on discretionary costs such as travel, while more ... Read More
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Tourism Flows in Germany
... its sustained appeal as a premier travel destination in Europe. Germany's successful handling of the pandemic, combined with widespread vaccination efforts, instilled confidence among international travellers. The country was able to reopen its borders relatively ... Read More
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Travel in Germany
... compulsory, the industry is embracing sustainable initiatives and certifications, including the EU Ecolabel, Certified Green Hotel, Dehoga Umweltcheck or the Green Key in hotels, to name a few. Local tourism destinations are also growing in ... Read More
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Tourism Flows in Poland
... Warsaw Uprising, the 20th anniversary of Poland's presence in the European Union, Katowice – the European City of Science and the XXXIII Olympic Games in Paris. For example, Poland's 20th anniversary in the EU emphasises ... Read More
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