Recent Release | 18 Jul 2022
European Tourism 2022 – Trends & Prospects (Q2/2022)
Tourism Consulting Team
Tourism Economics
Destinations across Europe continue to relax travel restrictions as concerns over Covid-19 wither away, enabling the release of strong (short- and mid-haul) pent-up demand. However, skyrocketing energy prices are pushing travel costs yet higher, prompting people to travel closer to home or consider cost-saving options. It remains to be seen how households (especially lower-income earners) will make a trade-off on travel spending this summer amidst consumer price hikes and squeezed disposable incomes.
Worsening inflation, prolonged war disruption, the resurgence of the pandemic and economic turmoil continues to endanger the tourism outlook. Latest available data indicates that European tourist arrivals are 43% below pre-pandemic levels between January and March this year, whereas prospects for the overall year 2022 suggest that the region would have recovered 70% of pre-pandemic travel demand.
About the team
Our consulting team at Tourism Economics are the world’s leading analysts of the global tourism and travel sector. They combine their expert insight with our state-of-the-art economic models and tools to answer the crucial questions facing our clients. Lead consultants on the project were:
Dave Goodger
Managing Director, EMEA, Tourism Economics
+44 (0) 1865 268 928
Dave Goodger
Managing Director, EMEA, Tourism Economics
London, United Kingdom
David Goodger is Managing Director, EMEA, Tourism Economics. He has been instrumental in developing the global model of tourism flows and spending, which covers 185 origins and destinations, and he continues to manage regular forecast updates. He also maintains an active role in new product development and consultancy work.
David Goodger is a Director within Tourism Economics and primarily concentrates on tourism demand forecasting and market sizing. He has also taken an active role in further model development for specific purposes, with an emphasis on examining the economic contributions of particular sectors and the impact of different policies. He has conducted a groundbreaking analysis of the business travel sector for the WTTC and the US Travel Association which estimates the return on investment of corporate spending on travel and he has developed models to define destination marketing allocations.
Since joining Oxford Economics in 2000, David Goodger has been involved in a wide range of forecasting and modelling activities. He has been part of the macroeconomic forecasting and the industrial forecasting teams contributing to both regular reports and specific client studies as well as assisting in the development of detailed forecasting and simulation models.
David was educated at the University of Bristol, England, where he gained a first-class degree in Economics with Statistics; and at the London School of Economics and Political Science, England, where he graduated with an MSc in Econometrics and Mathematical Economics.
Related Posts
Chloe Parkins with BBC: Paris will benefit from the Olympics, but not immediately during the Games
Despite the excitement and media frenzy surrounding the Paris Olympics, the city has experienced a perhaps unexpected dip in tourism. Chloe Parkins, Senior Economist at Oxford Economics, joined the BBC to shed light on the issue.
Find Out MoreCrowdStrike update grounds thousands of flights
On July 19, a faulty update from CrowdStrike's Falcon cybersecurity software caused widespread "Blue Screen of Death" (BSOD) errors on millions of Microsoft Windows devices, severely impacting many industries including air travel.
Find Out More2024 Paris Olympics: Impact on Tourism and Beyond
The Olympics are set to push Paris ahead of France in terms of recovery, with international arrivals into Paris rising to 15% above 2019 levels.
Find Out MoreBoosting Accommodation Supply and Affordability During Major Events
Flexible accommodation solutions made available on Airbnb enable destinations to host events, enhancing visitor experience and bolstering local economies.
Find Out More