article thumbnail

International Tourism to end 2023 close to 90% of pre-pandemic levels

eHotelier

International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally between January and September 2023, an increase of 38% on the same months of 2022.

article thumbnail

Europe’s tourism rebound predicted to continue into 2023

eHotelier

The outlook for travel to Europe is promising despite global pressures such as high inflation, the war in Ukraine and consequent energy crisis, and the looming economic recession. The latest data indicates a recovery of 75% of 2019 travel volumes to Europe in 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Travel & Tourism ready for mandatory emissions reporting?

eHotelier

The Travel & Tourism sector entered 2023 like a marathon runner hitting the last six miles of a race. It fought its way through almost two years of the COVID-19 pandemic — only to be overwhelmed, as the disease waned, by an unprecedented surge in travel by people tired of quarantines and lockdowns.

article thumbnail

Europe’s Tourism rebound continues into 2023, driven by strong travel enthusiasm

eHotelier

Europe’s tourism recovery is maintaining its momentum despite economic headwinds, reaching about 95% of 2019 levels of international tourist arrivals. Though inflation and increased travel costs are squeezing consumers’ wallets, travel spending is still prioritised over other discretionary expenses.

article thumbnail

Travel & Tourism sector now worth more than quarter of a trillion sterling says WTTC

eHotelier

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year.

130
130
article thumbnail

Capital Investment fuels growth in travel & tourism, forecast to reach nearly $1 trillion says WTTC

eHotelier

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report today reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.

article thumbnail

Top factors that drive tourism industry growth: 2023

eHotelier

Tourism is one of those sectors which can benefit a country’s economy but only if consistent steps are taken for promoting and developing it.