European Tourism: Trends and Perspectives

November 18, 2020 0 Comments

first_imgAt the end of November 2017, the European Tourism Commission published the report on European tourism 2017 – Trends and perspectives (Q3 / 2017).The report assessed European tourism performance for the first three quarters of 2017, the performance of the air transport and hospitality industry, key European and non-European markets, market share and economic forecast of the Eurozone, UK, US, Japan and Emerging Markets. Tourism in Europe continued to grow during the summer months of this year, and international tourist tourists are estimated to have grown by 8% in the first six months of 2017, and despite geopolitical tensions and terrorist attacks since 2015, the region continues to show resilience.According to the report, European tourism growth by 2017 exceeded previous expectations in various destinations. Recovery from the fall in 2016 is expected in destinations affected by security concerns, but travel to other destinations has remained strong and on the rise. The increase in tourism during the third quarter of this year was reflected in economic growth in Europe’s main markets, and strong tourism demand remains. Spain and Portugal continued to grow in 2017, with growth in arrivals of more than 10%. As the report points out, it is important to stress that growth has been largely generated due to tourists giving up on some well-known destinations such as Turkey and Egypt for security reasons.Thus, Spain remained an attractive destination and increased market share, but initial reports suggest that political tensions in Catalonia are starting to deter some visitors in late 2017. Throughout the story, it is important to know that Catalonia accounts for almost one-fifth of all foreign visits to Spain. However, in Spain and Portugal, the trend of faster growth of arrivals than overnight stays was emphasized due to the trend of shorter trips. The trend of increasing short trips has been generated by the increase and strengthening of the economy, so there are more and more short business trips as economic growth increases, and thus an increasing number of short tourist trips, including weekend trips.Iceland continues to have the highest growth in Europe. Arrivals in Iceland continued to grow by 29,9% in the first eight months of this year compared to the same period last year. Although this growth rate is lower than 55,7% from last year, Iceland is still the European destination with the highest growth. Although Iceland achieved strong growth last year and this year, growth is expected to slow due to limited tourist infrastructure and accommodation capacity.Numerous other countries also grew by more than 10% in 2017, such as Slovenia, Serbia, Montenegro, Malta and Cyprus. Although the mentioned destinations usually have a high dependence on peak summer demand, recent experience shows that they can thrive beyond this period and reduce seasonality.Finland enjoyed strong growth from a variety of markets, with the largest increase in Chinese and Indian arrivals based on data up to August compared to the comparable period of 2016. A similar growth of tourists from China was recorded in Estonia. The UK market also saw growth of 9 per cent, as did France and Belgium. As can be seen, the terrorist attacks did not significantly affect the decline in tourism in the UK, but the question is how tourism trends will be reflected in the future due to the weakening pound, which will certainly encourage domestic travel and exit from the EU.See the full report of the European Tourism Commission here


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Newcastle cleared for Kone talks

September 21, 2020 0 Comments

first_img Press Association News of the Magpies’ interest in Kone emerged through the website of owner Mike Ashley’s sportswear company, www.sportsdirectnews.com. It is not yet clear whether or not Newcastle have agreed a fee with Wigan for the proposed transfer, but they are sure to face stiff competition from Everton. Kone arrived at Wigan from Spanish cub Levante last summer and prospered under Martinez, scoring 13 goals in his first season in English football. Alan Pardew is desperate to add some fire-power to his squad after seeing his team struggling in the wake of Demba Ba’s January departure for Chelsea. Papiss Cisse carried the burden of providing the goals following Ba’s exit, and although he too struck 13 times in total, he alone was unable to prevent the club slipping into a relegation fight. Newcastle have been chasing St Etienne’s Pierre Emerick Aubameyang, but have been unable to compete with Champions League finalists Borussia Dortmund, while they remain in the hunt for Aston Villa’s Darren Bent, but are not prepared to pay anywhere near the midlands club’s £8million valuation of the 29-year-old, and Kone would be significantly cheaper. Newcastle have been given permission to speak to Wigan striker Arouna Kone.center_img However, they may have to battle it out with Everton for the Ivorian’s signature with former Latics boss Roberto Martinez keen to take him to Goodison Park. The 29-year-old has a clause in his contract allowing him to leave the DW Stadium in the wake of relegation from the Barclays Premier League. last_img read more