The European Travel Commission (ETC) has today released its latest report on Monitoring Sentiment for Domestic and Intra-European Travel, providing insights into European travel plans in spring – summer 2023.
Europeans embrace Intra-European travel in spite of growing cost-of-living concerns
40% of Europeans are worried about increasing travel costs in light of the ongoing cost-of-living crisis. Nonetheless, the appetite for travel among Europeans is growing with 70% planning a trip in the next six months. This represents a 4% increase in just one year. Over half (52%) intend to travel at least twice evidencing pent-up demand for vacationing.
Europeans more confident and relaxed about travel
Although the peak summer season has been left behind, the desire for travel remains strong across Europe.