The EuroZone Crisis and its Impact on Tourism

Euromonitor International has evaluated the potential impact of the EuroZone crisis on the region's travel and tourism industry based on a review of previous economic downturns in times of macroeconomic instability. A correlation between arrivals performance and GDP means economic growth has a direct impact on tourism demand. Working within this framework gives an insight into possible market scenarios for tourism demand over the short term in the Euro-Zone.