Money Buzz! Europa

Tag: tourism

  • Overnight stays in Vienna dropped by 84.5% in October

    Overnight stays in Vienna dropped by 84.5% in October

    Vienna’s overnight stays in October were 84.5% lower than in the previous year and reached only 242,000.

    Most overnight stays were recorded from the domestic market (123,000, -59%).

    The results from the other markets of origin that are the most profitable in the course of 2020 are 30,000 overnight stays (-91%), followed by Italy (9,000, -83%), Great Britain (5,000, -92%), France (6,000, -85%), the USA (4,000, -96%), Spain (3,000, -95%), Switzerland (4,000, -92%), Poland (8,000, -48%) and Russia (2,000, -95%).

    Arrivals fell by 85.3% to 105,000.

    The average occupancy of hotel beds fell to 11.8% (10/2019: 64.7%), those of the rooms to around 15% (10/2019: around 84%).

    A total of around 55,000 hotel beds were available in Vienna in October, which was around 11,000 beds (-17%) less than in the same month of the previous year.

    Between January and October, 4.4 million overnight stays were counted, a decrease of 69.6%.

  • The number of European tourists in Switzerland to fall by a third this winter

    The number of European tourists in Switzerland to fall by a third this winter

    The number of European tourists in Switzerland would fall by at least a third during the winter season, AFP reports.

    In the context of quarantine measures upon entry into Switzerland, the relaunch of external demand has slowed significantly, the Swiss economic institute KOF said in a statement.

    KOF added that increasing the number of overnight stays by Swiss tourists will not be enough to cover the gap left by foreign tourists.

    Overnight stays of Swiss tourists would increase by 8% during the winter season compared to the pre-crisis period. However, the total number of overnight stays would decrease by at least 30%.

    And if the pandemic worsens, the decline could exceed 50%.

    The Covid-19 pandemic will cause an estimated loss of 13.3 million overnight stays during 2020, which is equivalent to a decrease in turnover of 1.6 billion francs (1.4 billion euros) for the hotel sector.

    For the entire tourism sector, the decline in turnover would exceed 10 billion francs. In 2021, the decrease in turnover would be one of almost 6.2 billion francs compared to 2019.

    33.000 jobs were lost in the hotel and restaurant industry in Switzerland in the first half of 2020.

  • Tourism services in EU down by 75% in June compared with February

    Tourism services in EU down by 75% in June compared with February

    In June 2020, the tourism services sector fell by 75.0 %. Travel agencies and tour operators fell the most (-83.6%), followed by air transport (-73.8%), accommodation (-66.4%) and restaurants (-38.4%).

    Due to the opening up of restaurants and similar establishments, a recovery was observed in June compared with April.

    The restaurant sector had the largest recovery, followed by the accommodation sector. Air transport had only a slight recovery, while the travel agencies and tour operators sector was on the same level in June as in April.

    The accommodation sector in the EU had a value added of EUR 79.0 billion in 2017, corresponding to a share of 1.3% of value added of the non-financial business economy.

    Restaurants had a value added of EUR 96.4 billion, with a share of 1.6%. The corresponding shares for employment were 1.9% and 4.0%.

    Air transport and travel agencies and tour operator activities had shares of 0.5% and 0.3% respectively of value added of the non-financial business economy. The share of employment for air transport was 0.2%.

  • Czechia leads in the number of card transactions made by Slovaks abroad

    Czechia leads in the number of card transactions made by Slovaks abroad

    Czech Republic, followed by Austria, are the main holiday preferences of Slovaks, a Tatra Banka ranking shows.

    The report was made on the basis of the number of credit card transactions carried out for the months of June and July, comparing this year with 2019.

    Transaction volumes in the top ten countries visited by Slovaks fell by more than 38% compared to the same month last year. 

    “For Croatia, the popular holiday home of Slovaks, we are registering a slump in transaction volumes of more than 47 percent and for Italy by as much as 80 percent,” the bank said in the report.

    After the Czech Republic and Austria, Germany is third (was fifth last year). Hungary remained fourth, Poland moved one position to sixth, as did France from 10th to ninth place. Top ten is closed by The United Kingdom, which has fallen two places compared to last year.

    Spain is not in this year’s list of top 10 countries visited by Slovaks. The Netherlands jumped five places, from last year’s 12th to seventh place in 2020.

  • Tourism nights dropped sharply in March and April 2020

    Tourism nights dropped sharply in March and April 2020

    From January to April 2020, the number of nights spent in tourist accommodation establishments in the EU, such as hotels, holiday and other short-stay accommodation, camping grounds, recreational vehicle parks and trailer parks, totalled 353 million, a decline of 44% from January-April 2019.

    In terms of individual months within this period, the most substantial falls in the number of nights spent in tourist accommodation establishments were recorded in March (-62%) and April (-95%) compared with the same months of 2019.

    Prior to the pandemic, there had been a small improvement in the number of nights spent in tourist accommodation, with increases of 5% and 6% in January and February respectively.

    There was a similar trend displayed in the number of nights spent in tourist accommodation, regardless of whether the guests were from the reporting country or foreign countries.

    The number of nights spent in tourist accommodation establishments declined across all Member States, for which data are available, in January-April 2020 when compared with a year earlier, ranging from a 26% decline in Austria to a drop of 70% in Croatia.

    The declines were in excess of 40% for 16 out of 25 Member States.

  • 1.103 accommodation establishments were open in Bulgaria in May 2020

    1.103 accommodation establishments were open in Bulgaria in May 2020

    In May 2020, in a state of emergency and the ensuing epidemic situation, 1.103 accommodation establishments – hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were open in Bulgaria.

    The total number of rooms was 30.5 thousand and the bed-places were 61.1 thousand. In comparison with May 2019, the total number of accommodation establishments (open during the period) decreased by 52.6% and the bed-places in them – by 74.1%.

    The total number of the nights spent in all accommodation establishments registered in May 2020 was 116.1 thousand, or by 92.0% less in comparison with the same month of the previous year.

    The total revenues from nights spent in May 2020 reached 5.4 million BGN or by 92.9% less compared to May 2019.

  • How many tourists visited Slovakia through travel agencies and tour operators

    How many tourists visited Slovakia through travel agencies and tour operators

    In 2019, within the organized tourism, the number of inbound foreign visitors in the Slovak Republic reached over 330 thousand people (it concerns one-day visitors and foreigners on overnight stays).

    They spent in Slovakia almost 200 thousand days on overnight stays.

    At the same time via travel agencies and tour operators, altogether 760 thousand people travelled (one-day visitors and overnight visitors as well) and the number of stay days reached nearly 5,3 million.

    Top 5 European destinations for Slovaks in 2019

    The top 5 destinations to which the Slovaks traveled included Turkey with 131.328 visitors, Croatia with 83.382 visitors, Greece with 78.133 visitors, Bulgaria with 60.992 visitors and Italy with 57.536 visitors.

    The total turnover for the services provided exceeded EUR 740 million.

  • Poland: 96.5% less tourists in April 2020

    Poland: 96.5% less tourists in April 2020

    In April this year, 86.4 thousand tourists were accommodated in tourist accommodation establishments and 326.2 thousand overnight stays were provided for them, Statistics Poland show.

    This was lower by 96.5% and 94.5%, respectively, as compared to April 2019. A decrease in the number of tourists was also recorded in May.

    Compared to the corresponding month of the previous year, the number of persons accommodated was lower by about 88.1%, according to estimates.

    In the total number of tourists accommodated, domestic tourists (74.6 thousand) accounted for 86.3%, which was lower by 96.1% than in the same month last year. The number of foreign tourists (11.8 thousand) in accommodation establishments in April this year decreased by 97.9%.

    The largest decrease was observed in establishments of Małopolskie Voivodship (by 99.1%), wheres the smallest one in establishments located in Podlaskie Voivodship (93.5%) and Opolskie Voivodship (93.6%).

    Most persons were accommodated in Dolnośląskie Voivodship (13.7 thousand) and Mazowieckie Voivodship (12.1 thousand). In comparison with April 2019, there were significantly fewer of them – by 95.2% and 97.1% respectively.

    The lowest number of tourists were accommodated in establishments located in Świętokrzyskie Voivodship (1.7 thousand) and Warmińsko-Mazurskie Voivodship (1.9 thousand), and the decrease in their number compared to the same month last year was 96.2% and 97.6% respectively.

  • Expenditures of Polish residents related to trips at PLN 79.5 billion in 2019

    Expenditures of Polish residents related to trips at PLN 79.5 billion in 2019

    The number of Polish residents aged 15 years or over who participated in 2019 in at least one private tourist trip amounted to 20.8 million (3.6% more than in 2018), which made 64.1% of Polish residents in this age group.

    In 2019, the number of tourist trips made by members of household amounted to 41.4 million (3.2% more than in 2018), which means that one household participated on average in 3 trips.

    On average, 2 persons participated in one trip.

    The majority of trips (96.1%) was made for private purposes.

    During the year Polish residents made a total of 75.1 million trips (one person could have made several trips) – 4.2% more than in 2018.

    Domestic trips predominated definitely – there were 59.8 million of such trips, which included short trips (2–4 days) – 34.5 million and trips of 5 days or longer – 25.3 million.

    The number of outbound trips of Polish residents amounted to 15.3 million and most of these trips (12.4 million) were trips of 5 days or longer.

    Over 50m domestic trips

    The number of domestic trips amounted to 50.0 million and outbound trips – 13.5 million.

    Among domestic trips, 60.0% were short-term trips, while long-term trips accounted for 80.2% of outbound trips.

    Expenditures of Polish residents related to trips at PLN 79.5 billion

    In 2019, expenditures of Polish residents related to trips amounted to PLN 79.5 billion (9.7% more than in 2018), of which PLN 30.9 billion (11.5% more than in 2018) were spent on domestic trips with overnith stays, PLN 34.3 billion (9.2% more than in 2018) on outbound trips with overnight stays, and PLN 14.4 billion on outbound same-day visits (7.0% more than in 2018).

    The average expenditure per person on a domestic trip of 2–4 days amounted to PLN 352, on a trip of 5 days or longer – PLN 1012, and on an outbound trip PLN 1708 and PLN 2737 respectively.

    On average, one person spent PLN 388 for one outbound trip without an overnight stay.

  • Bulgarians made 83.3% of total travels only within the country in Q1 2020

    Bulgarians made 83.3% of total travels only within the country in Q1 2020

    In the first quarter of 2020, 490.7 thousand Bulgarian residents made tourist trips. The majority (83.3%) of them travelled only within the country, 14.2% only abroad and 2.5% both in the country and abroad.

    Compared to the same quarter of 2019 the total number of the travelled persons aged 15 and over decreased by 47.2%.

    In all age groups predominated the share of the trips in the country, as the highest was the share among persons aged 25 – 44 years – 87.8% from the travelled in this age group.

    About the trips abroad the share of residents aged 15 – 24 years was the highest – 30.5% of travelled in the respective group.

    The majority of tourist trips of persons aged 15 and over in the country were to ”visit relatives” (48.3%), while those made abroad were for ”holiday and recreation” (43.4%).

    In the structure of the expenditure the highest relative share was the expenditure on food in domestic trips – 37.4%, while in outbound trips was on transport – 35.2%.

    A person spent on the average for private trip 151,75 BGN in the country and 674,37 BGN for private trip abroad.

  • Sunny Beach is the cheapest holiday destination in the world

    Sunny Beach is the cheapest holiday destination in the world

    Sunny Beach, Bulgaria is cheapest of 42 destinations surveyed by Post Office Travel Money research for the third consecutive year, with Marmaris, Turkey in the runner-up spot.

    The barometer monitors the price of eight tourist items – comprising dinner for two with a bottle of wine, a range of soft and alcoholic drinks, suncream and insect repellent.

    In Sunny Beach this items cost only £30,68.

    Prague, at a cost of £63,02, Corfu (£75,91), Budapest (£78,49), Porec, Croatia (£79,43) or Sorrento, Italy (£108,39) are other CEE destinations in Europe’s Top 12.

    The research has found that prices have fallen in over three-quarters of the destinations surveyed. Price are down in 33 of the 42 destinations surveyed, with the biggest fall of 44% in Antigua. They have also fallen by 21% in Corfu, Greece.

  • Overnight stays in Vienna fell by 97.5% in May to only 39.000 people

    Overnight stays in Vienna fell by 97.5% in May to only 39.000 people

    Overnight stays in Vienna fell by 97.5% to 39,000, while arrivals fell by 98.1% to 14,000 in May 2020.

    From January to May, 2.603.000 overnight stays were counted, a decrease of 59.3%.

    In Austria, the ban on tourist accommodation was in force until 28 May.

    Vienna’s accommodation establishments had 39.000 overnight stays in May, 97.5% less than in the same month of the previous year, about half of which came from Austria.

    The average occupancy of hotel beds fell to 4.5% (05/2019: 65.2%), those of the rooms to around 6% (05/2019: around 84%).

    A total of around 25.000 hotel beds were available in Vienna in May 2020, around 62% less than in the same month of the previous year.

    The net overnight turnover of Vienna’s accommodation establishments fell by 94.9% to EUR 4,869,000 in April – data for May are not yet available.

    From January to April, the companies generated EUR 128,523,000, down 51.2% compared to the corresponding period in 2019.