Europe Travel Market Report 2023-2027
- Published:
- May 2024
- Research Type:
- Report
- Figures:
- 17
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
- Regions:
- Europe
Summary
Please note: When purchasing the Europe Travel Market Report 2023-2027 series, all country reports are automatically included at no additional cost:
Travel demand remained quite strong for the European market in 2023. Moving beyond the COVID crisis, the market refocused on meeting expanding consumer demand amidst escalating prices. Achieving an impressive 20% year-over-year growth, the market surpassed 2019 gross bookings, outperforming previous projections. However, persistent inflation and economic uncertainties present continuous challenges, poised to influence growth trajectory significantly. Meanwhile, the embrace of technological innovations and sustainability measures is accelerating, and will profoundly impact the European travel landscape in the years ahead.
For this report series, six key markets comprise the European travel market: France, Germany, Italy, Scandinavia (Sweden, Norway and Denmark), Spain and the U.K. Collectively, the series provides comprehensive market sizing and projections for the European travel industry from 2021-2027, including analysis of key segments, share and trends, distribution dynamics, recovery trajectory and more.
Reports in the Europe Travel Market Report 2023-2027 series:
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.