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European Tourism 2014 – Trends & Prospects (Q3/2014)

Publication date:
Nov 2014

Language:
English

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Summary

European tourism has continued to grow robustly throughout 2014 and has proved resilient to headwinds. Data from the first three quarters of this year paint a very positive picture for destinations in Europe, with growth spread across virtually all reporting destinations.

Growth in large destinations in Southern and Northern Europe exceeded expectations, and strong two-digit growth was reported by a large number of smaller destinations. Established source markets in Europe were the strongest contributors to the success of many destinations in the region. Data point to a rebound of short breaks on top of main holidays, backed by increased consumer spending power in key source markets. Additionally, long-haul markets support the positive performance of European destinations even further.