More Europeans are willing to take a trip this year than last and for this purpose their habits have also changed. According to a survey by the European Travel Commission (ETC) 77% of Europeans intend to take a trip in the first 6 months of 2023. This represents a sharp increase of 16% compared to last year’s figures.
At the same time, Greece remains in fifth place among the ten most popular destinations for European tourists, with Croatia “dangerously” close, which is in sixth place.
Auspicious start for tourism in 2023
Travelers also show an increasing desire to travel outside their own country, with 63% of respondents now preferring international travel within Europe. This represents double-digit growth of 13% in just one year.
Remarkably, their planned holiday budget remains unchanged, showing a determination to travel despite the financial uncertainty. Up 6% on a year ago, 37% of Europeans will continue to spend between €1,000 – €2,000 per person per trip on their next holiday. A further 19% will spend more, exceeding the €2,000 limit.
Of all Europeans, Poles are most enthusiastic about traveling (83.2% say they will travel in the next six months), followed by Italians (80.4%), Spaniards (79.2%) and Britons and Germans with 79.1 %.
Europeans aged 35 and over have a greater desire to travel in the coming months than their younger counterparts, who show higher levels of travel uncertainty.
The majority of Europeans (66%) are planning trips from March onwards.
Interest in visiting non-neighboring destinations is increasing significantly compared to a year ago.
The ten most popular destinations
France 9.9%
Italy 8.9%
Spain 8.4%
Germany 6.4%
Greece 5.8%
Croatia 5.6%
Austria 4.8%
Portugal 4.7%
Turkey 3.4%
Belgium 3.2%
The vast majority (72%) of Europeans plan to travel for leisure in the short term, with Sun & Beach, City Break and Culture & Heritage trips being Europeans’ top choices for January-June 2023.
Despite economic concerns, Europeans expect to spend the same amount of time and money on vacation as last year.
35% of Sun & Beach travelers will spend over €1,500 on their next holiday, compared to 29% of Nature & Outdoors travelers and 21% of City Break travelers.
Among the age groups, Europeans +54 are more likely to take longer vacations and have a budget of more than €2,000.
The proportion of Europeans who have fully/partially booked their next trip (44%) has increased by 7% compared to a year ago, while 47% of Europeans have chosen their destination at the beginning of summer but have not still booked.
Concerns of European travelers
For 23% of Europeans, the increased cost of travel is a primary source of concern, while 18% are mainly concerned about their financial situation.
Europeans also remain cautious about the war in Ukraine and 31% of respondents will make changes to their upcoming trip because of the conflict.
Commenting on the research, Luís Araújo, President of ETC, said: “Recent data shows that travel remains a top priority for Europeans in the first half of 2023. This is welcome news, especially considering that much of the intended travel has planned within Europe. These trends paint a hopeful picture for the industry this year and demonstrate its resilience in the face of global economic challenges. Now, to capitalize on consumer trust and early bookings, the industry will need to closely monitor and anticipate changes in consumer needs and adjust their offerings accordingly.”
Europeans are changing their habits to keep traveling
The survey shows that the current economic climate remains a major concern for travelers. Rising travel costs worry 23% of Europeans, while a further 18% say they are concerned about their personal finances and financial situation.
Travelers are responding to economic challenges with a more proactive and flexible purchasing behavior. Europeans commit to their trips earlier than a year ago: 44% have already fully or partially booked their next holiday, an increase of 7% compared to 2022. When choosing a destination, attractive offers and opportunities (17%) are a key concern, second only to pleasant weather (18%).
Another behavioral change is in spending habits during travel. Most respondents plan to cut back on shopping at the destination (18%), book cheaper accommodation (16%) and choose more affordable restaurants (15%) to fit into their holiday budget. Buying all-inclusive packages and visiting fewer attractions with an entrance fee are also considered by 12% and 10% of respondents, respectively.
Travel budgets remain a priority
Even as energy costs soar and basic necessities such as food and clothing follow suit, travel continues to be a high priority for Europeans. Notably, travel is the only discretionary expense that people are willing to maintain (59%) or increase (16%) spending in today’s economic conditions. In fact, 58% of respondents plan to travel at least twice domestically or internationally in the coming months.
In contrast, the outlook is not bright for retail spending on items such as electronics and clothing, personal care services, and leisure and entertainment purchases for concerts, dining out and sports. Less than half of respondents (47%) plan to spend the same amount in these categories, while only 8% are considering increasing their spending.
Greece fifth destination head-to-head with Croatia
Greece is in fifth place in a list of ten most popular European tourist destinations for 2023, according to the European Travel Commission (ETC) survey, with Germans, French, Belgians, Poles and Austrians ranking it in top five of their choices.
The most popular country is France, with a share of 9.9%, followed by Italy, with a share of 8.9%, and Spain, with a share of 8.4%, in second and third place, respectively. In fourth place is Germany, with a share of 6.4%, and immediately next is Greece, with a share of 5.8%.
It is completed by Croatia (5.6%), Austria (4.8%), Portugal (4.7%), Turkey (3.4%) and Belgium (3.2%).
Greece is in fifth place in the preferences of Germans, with a percentage of 7%, in fourth place in the preferences of French travelers (8%), in fifth place for Belgian travelers, in third place among tourist destinations in the Polish and Austrian markets. The survey was conducted in ten European source markets of high traveler volume, Germany, UK, France, Netherlands, Italy, Belgium, Switzerland, Spain, Poland and Austria.
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted