Font size: A A A A
Home > Destinations > Europe

European Travel Commission Publishes Quarterly Report

August 6, 2012 By: Jena Tesse Fox

The European Travel Commission (ETC) has published its second quarterly report on European Tourism in 2012. Hotel News Resource has some interesting notes on the findings:

- Air travel appears to show some encouraging signs, with European airline passenger growth around 6 percent through mid-June while load factors have strengthened. (Some airlines, however, are posting a loss.)

- The global economy is restrained by government austerity and a softening in export demand with leading indicators suggesting most major economies are slowing. In response to deteriorating economic conditions, global central banks have lowered interest rates.

- This uncertain economic backdrop is not yet causing significant falls in tourism demand, but there is a trend of slowing growth. There are signs of mixed performance and slowing throughout Europe.

- Hotel data show signs of mixed performance throughout Europe. While Central and Eastern European destinations have performed well, some Southern European destinations have recorded falls in hotel occupancy during the first half of the year.

- Tourism arrivals data for the first half of 2012 reveal an uneven picture of growth in the major European source markets. Meanwhile, Russia is seeing strong growth in all markets.

What do you think of this $type?


About the Author

Jena Tesse Fox
Jena Tesse Fox covers Europe, Africa, Australia/South Pacific and business travel for the Questex Travel Group's publications. The daughter of history teachers, she can spend...

This comprehensive guide begins at Alfava Metraxis and ends at Doctor Who Magazine wins the ACE Press Award 0 Following its record breaking ABC figure earlier this year, Doctor Who Magazine had cause for further celebration at the 2014 ACE Press Awards held viagra bedeutung online apotheke at the Museum of London. This may take a second or two.

By Jena Tesse Fox | August 6, 2012
The report finds that tourism growth seems to be slowing throughout Europe.
Filed under : Europe