Robert Besser
02 Jun 2025, 16:10 GMT+10
MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent and reach US$838 billion, according to a new report by the World Travel and Tourism Council (WTTC). France and Spain are expected to lead the surge, with record-breaking tourist numbers on the horizon.
In contrast, the WTTC predicts a seven percent drop in international spending in the United States this year. The group cited potential deterrents such as President Donald Trump's trade and migration policies and weaker currency exchange rates.
"Which means that more people will come to Europe," said WTTC CEO Julia Simpson at a press briefing, noting that Canadians and Mexicans might be especially likely to avoid U.S. travel this year.
Spain is forecast to see a six percent boost in tourist spending, totaling 113.2 billion euros ($127.7 billion). Arrivals are projected to be between 98 and 100 million, surpassing last year's record of 94 million.
"Americans will continue to travel abroad ... and they will be very welcome in Spain," Simpson added.
France, however, is still expected to receive more tourists than Spain, while the U.S. remains the largest travel and tourism market globally.
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationPARIS, France: French farmers brought traffic to a crawl around Paris and gathered outside the National Assembly on May 26, using their...
New Delhi [India], June 2 (ANI): The impact of Artificial Intelligence (AI) on the job market is expected to fall on entry-level white-collar...
Bulgarian authorities expect to get the green light this week from the European Commission and the European Central Bank to introduce...
New Delhi [India], June 1 (ANI): Highlighting that profit must be shared among promoters, shareholders, labour, government, consumers,...
New Delhi [India], June 1 (ANI): India's foreign exchange reserves (forex) jumped USD 6.992 billion to USD 692.721 billion in the week...
Cairo [Egypt], June 1 (ANI/WAM): Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, has congratulated Shaikha Nasser Al...
MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...
ANKARA, Turkey: Turkish President Recep Tayyip Erdogan said this week that he has appointed a group of legal experts to begin drafting...
New Delhi [India], June 2 (ANI): External Affairs Minister S. Jaishankar extended warm greetings to his Italian counterpart Antonio...
The shift comes a year after British lawmakers pushed for recognition of Morocco's sovereignty over Western Sahara ...
Washington DC [US], June 2 (ANI): Six people sustained injuries in Boulder, Colorado in the United States after a man attacked and...
Hong Kong, June 2 (ANI): China, which did not send its top-drawer delegation to this year's edition of the Shangri-La Dialogue in Singapore,...