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Decrease in European overall and luxury internal tourism revenues due to the coronavirus (COVID-19) pandemic in 2020

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Source

Release date

March 2021

Region

Austria, France, Germany, Italy, Russia, Spain, Sweden, Switzerland, Turkey, United Kingdom

Survey time period

2020

Supplementary notes

Compared to 2019.

Citation formats

Coronavirus impact on overall and luxury tourism revenues in Europe 2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 29, 2021
In 2020, the coronavirus (COVID-19) pandemic hit the tourism sector hard in Europe. As forecast, overall tourism revenues in Europe were expected to drop by almost ** percent in 2020 over the previous year. Meanwhile, as shown in the ÌÇÐÄÆƽâ°æ study on Luxury travel and tourism in Europe amid the pandemic, luxury tourism revenues were estimated to decrease by **** percent in 2020 over 2019.
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