Wednesday, June 2, 2010

Intra European Travel To Outperform Long Haul

Travel to/within Europe is expected to grow over 2% in 2010. Intra-European travel is forecasted to outperform long haul again as consumer confidence and the labour market remain weak.

Intra-European travel proved more stable in 2009 relative to long haul markets. This accounted for the relatively strong performance of destinations nearest their main source markets. Within Western Europe, the Netherlands, Austria, Germany, and Switzerland across Europe have registered losses only between 2.4% and 4.1%. This relatively good performance is connected to the trend toward shorter trips, which has regionalized travel among these countries.

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