European markets: total market size: incoming tourism: volume trends
Article Abstract:
Spain was Europe's largest incoming tourist market, luring 66.1 million visitors in 1997. Tourist visits to the UK rose 43.4% to 28.4 million visitors in 1997 over 1993, earning the distinction of fastest-growing market for the UK. The growth in incoming tourism in those markets, as well as in Italy, between 1993 and 1997 was mainly due to favorable currency valuation. France and Germany, meanwhile, registered modest increase in incoming tourism volume at 7.7% and 7.5%, respectively, because of the high cost of traveling to those countries.
Comment:
Europe: Spain was largest incoming tourism market, while UK was the fastest-growing market for the period 1993-97
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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European markets total market size: incoming tourism: value trends
Article Abstract:
Weak currencies have made Germany and Spain a favorite destination for foreign tourists for the period between 1993 and 1997. Since 1994, expenditures by foreign tourists has increased by 21.5% in Germany. In Spain, the falling value of the peseta has resulted in a 60.8% increase in value for the incoming tourism market. France recorded the lowest growth in incoming tourism for the period due to the strong franc and an increase in VAT.
Comment:
Spain: Falling value of the peseta results in a 60.8% increase in value for the incoming tourism market for the period 1993-97
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
User Contributions:
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European markets: total market size: outgoing tourism: value trends
Article Abstract:
The UK's outgoing travel and tourism market increased 52.8% in current terms from 1993 to 1997, the fastest growth rate among major European countries. Despite record unemployment levels and high taxes, Germans likewise continued to travel abroad as the outgoing tourism market grew 17.5% during the same period. Spain and Italy were affected their weak currencies as they posted only a growth of 5.1% and 1.4%, respectively.
Comment:
Europe: UK was fastest-growing market for outgoing tourism between 1993 and 1997; Germany also recorded a hefty increase
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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