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
Indigo’s plan to launch cheap international flight opens up new prospects
It was a piece of news that sent the spirits of the budget traveller soaring. In May this year, Icelandic carrier WoW Air announced the launch of long-haul low-cost (LHLC)
Taiwan Tourism Administration Invites Indian Businesses to Taiwan for Site Inspection to Expand the MICE Market
First Group Focuses on Yilan, Followed by Taichung and Kaohsiung Inspections in the Second Half of the Year To actively cultivate the international tourist market, the Ministry of Transportation and
Monaco welcomes Japanese Ikebana
Ikenobo, the oldest and most prestigious school of Japanese ikebana, to visit Monaco and offer free ikebana demonstration of the traditional art form. Ikebana flower arrangement is one of the
