According to the recent edition of the European Tourism Trends & Prospects quarterly report from the European Travel Commission (ETC), Europe is expected to recover close to 75% of 2019 travel volumes by the end of 2022.
However, the report predicts the winter will not be without its threats as a looming recession and higher inflation across Europe will weigh on consumer spending and tourism demand, delaying but not derailing the recovery. The prolonged war in Ukraine and additional…