Affordability driving rapid increase in French tourists to Portugal
Tourism from France to Portugal is booming, with annual visits increasing from 1.2 million in 2013 to 1.5 million in 2017, and projected to hit 2 million by 2022, according to GlobalData, a leading data and analytics company.
The company’s latest report: ‘Tourism Source Market Insights: France’ states that Portugal will remain one of the fastest growing destinations for French tourists globally, with a Compound Annual Growth Rate (CAGR) of 6.1% between 2017 and 2022. In Europe, only Malta will see a higher rate of growth for French visitors over the same period.
Konstantina Boutsioukou, Travel and Tourism Analyst at GlobalData, comments: “Portugal has been experiencing a tourist boom in recent years as more and more tourists are recognizing the unique offerings of the smaller nation of the Iberian Peninsula.
“The lower cost when it comes to holidaymaking makes Portugal particularly lucrative among French, who are seeking affordability but without having to compromise the quality of their vacation. Affordability is a key concern of the French as a result of several years of sluggish economic growth and depressed consumer confidence.”
You might also like
Largest Asian cruise ship starts maiden voyage
Norwegian Joy, the largest cruise ship in Asia and custom-built for Chinese market, began its maiden voyage from east China’s Qingdao City on Saturday. Norwegian Joy is capable of accommodating
Find Your Aum Away from Home This International Yoga Day
Ready to stretch your horizons and find your zen in some of the world’s most picturesque places? It’s time to swap your laptop screens for breathtaking scenes, where every deep
Mandarin Oriental, Marrakech offer new family adventure
Mandarin Oriental, Marrakech has launched a new luxury accommodation offer packed with activities for families. Available all year round, the More for the whole family package provides opportunities for younger
