The European tourism sector successfully endured another challenging summer as worsening inflation and staff shortages threatened recovery. European airlines held up well, with August flight volumes down just 11% relative to 2019. Encouraging data suggests a positive outlook for 2022, with the region expected to recover close to 75% of 2019 inbound travel volumes this year.
This is according to the most recent edition of the ‘European Tourism Trends & Prospects’ quarterly report from the European Travel Commission (ETC), which predicts that Europe’s travel bounce-back will continue in the remaining months of 2022, led by cost-conscious and value-driven travel.
