Consulting | 24 Nov 2021
European Tourism 2021 – Trends & Prospects (Q3/2021)
The latest quarterly travel forecasts for the European region produced for the European Travel Commission (ETC).
Tourism Economics and the European Travel Commission (ETC) jointly produce quarterly travel forecasts for the European region. Our Q3/2021 report analyses the latest trends, prospects and risks for the travel and tourism sector in Europe. Although European travel demand is poised for a major recovery, volumes are still far from the pre-pandemic days which are not expected to return until 2024. Downside risks with the potential to further slow recovery remain.
European destinations’ efforts to fuel a much-needed travel rebound materialised over the peak summer season. Many European markets achieved a stronger than expected summer season following a depressing start to the year, and data points to a stronger summer than in 2020. The creation of the EU Digital Covid-19 Certificate was fundamental to ensuring safe travel across the region and helped to simplify the process of cross-border travel.
Read the report
Our consulting team at Tourism Economics are the world’s leading analysts of the global tourism and travel sector. They combine their expert insight with our state-of-the-art economic models and tools to answer the crucial questions facing our clients. Lead consultants on the project were:
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
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