European markets: total market size: outgoing tourism: per capita expenditure
Article Abstract:
The Spanish outgoing tourism market recorded only $87 in per capita expenditures in 1997, down 3% from 1995. The amount is the smallest among major European nations, but there are signs of some improvement as more Spaniards become more interested in travelling to Asia and Africa. Italians, hampered by the high cost of taking a holiday in foreign parts, were also spending less, on average, as per capita expenditures shrank 1.4% to $840.8 in 1997 over 1993. In Germany, a 39.9% increase in volume growth for the outgoing tourism market did not translate into higher per capita spending, which actually declined 16% between 1993 and 1997. This was largely because of reduced travel costs related to the deregulation of the travel industry.
Comment:
Europe: Spaniards & Italians spent less on foreign travel between 1993 and 1997 due to high travel costs
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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European markets outlook: incoming tourism
Article Abstract:
Europe's incoming tourism markets will grow or shrink depending on several factors, incuding the exchange rate and state of national tourism infrastructure. Germany's incoming tourism market is projected to expand by 4.2% between 1997 and 2002 as the cost of German travel packages increases due to the strengthening value of the mark. The Spanish incoming tourism market will benefit from an economic recovery and infrastructure improvements, which will boost the market by 31.4% over the forecast period. Italian destinations, meanwhile, will benefit from travelers' increasing preference for more cultural and active holidays over beach holidays.
Comment:
Europe: Incoming tourism markets will grow or shrink depending on several factors, incuding the exchange rate
Publication Name: Market Research Europe
Subject: Business, international
ISSN: 0308-3446
Year: 1998
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European markets: total market size: incoming tourism: per capita income
Article Abstract:
The Spanish incoming tourism market posted a hefty growth of 26.7% in per capita expenditure in the period between 1993 and 1997, thanks to the weak peseta. In Italy, the poor state of tourism infrastructure has resulted in a 9.6% decline in per capita expenditure as incoming tourists chose alternative forms of accommodations such as camping sites. The UK also reported a decline in per capita expenditure for the period (1.7%) due to the strong pound-sterling and a strong economy. Germany and France recorded lower growth rates fo 11.6% and 8.6%, respectively.
Comment:
Europe: Incoming tourists per capita expenditure increased 26.7% from 1993 to 1997; Italy reported a 9.6% deline
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: