Europe’s tourism sector moved closer to recovery this summer
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Europe’s tourism sector moved closer to recovery this summer

News  
11-03-2021
 
Source: Pexels

Tourism in Europe took steady steps towards recovery this summer, with Greece leading the way, according to a report released this week by Oxford Economics.  

The number of overnight stays in July in Europe exceeded 70 percent of pre-pandemic 2019 levels moving closer to achieving forecasts of 75-85 percent of 2019 levels by August. 

According to Oxford Economics, an extended tourism season is keeping activity strong from August through to October in most of southern Europe’s tourism-reliant economies.

Overall in Europe, domestic travel helped offset the shortfall in international arrivals.

The report’s analysts expect the rise in air travel in Q3 to pave the way for stronger international travel in 2022, news.gtp.grreports. 

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