Travel accommodation sector expected to exceed pre-pandemic level in 2023

This article is published in collaboration with Statista

by Thomas Hinton

By 2023, the European hotel and vacation rentals market is expected to fully recover from the negative effect of the COVID-19 pandemic and shoot well beyond the highest pre-pandemic level of 2019. Slower but steady growth is forecast into the future beyond 2023, signifying that tourism will be here to stay.

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