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
Ethiopian Airlines, South African Airways to revamp Codeshare services
Ethiopian Airlines and South African Airways, both members of Star Alliance, have entered into an expanded codeshare agreement, inked on October 01, 2016 and projected to be effective as of
Tourism Minister issues Letters of Intent to agencies for monuments under Adopt a Heritage project
31 prospective monument mitras have been shortlisted by the Oversight & Vision committee for developing tourist friendly amenities at 95 monuments The 3rd Award Ceremony of Adopt a Heritage Project was
Indian mindset for ownership of Air India, in theory all open, says aviation minister
Civil aviation minister Ashok Gajapathi Raju on Thursday said the “Indian mindset” is to keep the ownership of Air India within the country but “theoretically everything is open”, including allowing
