Friday, October 4, 2024 The European travel industry has emerged as one of the most robust and resilient sectors within the European economy. Even as the continent grapples with inflation, higher interest rates, and the lingering effects of the COVID-19 pandemic, tourism has not only rebounded but has also reached new milestones in 2023. The latest data reveals that overnight stays in Europe totaled 2.
91 billion in 2023, surpassing the pre-pandemic figure of 2.88 billion from 2019. This remarkable recovery highlights the unwavering consumer demand for travel and the critical role that the tourism industry continues to play in Europe’s economic revival.
Country Overnight Stays (2023) % Change Compared to 2022 Spain 472 million +17% France 470 million +6.1% Italy 400 million +4.0% Germany 377 million +9.
0% Turkey 336 million +27.5% Greece 126 million +13.0% Portugal 102 million +10.
2% Malta 15.5 million +20% Slovakia 22 million +16% Croatia 108 million +2% 2023 marked a significant turning point for European tourism, as it became the year in which the industry fully recovered from the devastating impact of the pandemic. After years of uncertainty and restrictions, the demand for travel surged back, propelled by pent-up demand, easing of travel restrictions, and renewed consumer confidence.
The total number of overnight stays in Europe increased to 2.91 billion, surpassing the 2019 benchmark of 2.88 billion.
The recovery of overnight stays is a strong indicator of the resilien.