The European tourism market is poised to reach a valuation of US$ 180 Bn in 2022. Sales are projected to increase at a 5.06% CAGR, with the market size reaching US$ 475.5 Bn by 2032.
European tourism is not doing well because of many factors. Main factors effecting the tourism sector are the post-Covid regulations around the world and fallen economy of most of the countries, from where tourists visit to European countries. The other being conflicts between Russia and Ukraine, indirectly affecting the tourism sector.
Even in this scenario, European Travel Commission is trying to get the tourism sector going as it was before Covid. To promote and encouraging rail tourism in European countries, ETC and Eurail have launched a campaign, called Best European Rail Tourism Campaign.
These united efforts are aiming toward increase in number of travelers by railroads, ultimately reducing the carbon emission, also giving attention to the sustainable travelling and increasing awareness of lesser-known destinations around Europe.
Request a Report Sample to Gain Comprehensive Insights@
https://www.futuremarketinsights.com/reports/sample/rep-eu-3548
“European committees are working together to promote rail travel among nations.” Says an FMI analyst.
Key Takeaways:
- Based on train tour type, Scenic Train Tours are popular among international as well as domestic travellers visiting European countries.
- By booking channel, the online booking is preferred by most travellers.
- In terms of age group, individuals from age group of 26-35 are most common travellers to go for train tours around Europe.
- COVID-19 affected ~1.02% sales in this market.
Impact of COVID-19 on the European Tourism Market
The COVID-19 led to complete halt to the public railway transportation services, as there were restrictions on travelling and sanitary measures to control the spread of the virus.
Both the domestic and international travellers were restricted from using public transportations, closing the railway tourism sector for nearly 2 years. Because of these restrictions, people started using personal transportation medium and it caused loss of economy and high CO2 production.
Get Your Comprehensive Brochure@
https://www.futuremarketinsights.com/reports/brochure/rep-eu-3548
Even though all these drawbacks, rail transport have higher advantage to start working efficiently, as there are different compartments and separated seats in train wagons, making it easier for keeping distance in between passengers in train. Numerous tourism businesses are establishing train trips in European nations while adhering to safety regulations, giving visitors a one-of-a-kind and never-before experience.
Who is winning?
Multiple travel agencies are providing Railway tours through famous cities and landscapes, mountain tops, river banks, forests in European Countries. Some of these tours are completely on the train, and some have halts in between for food and sightseeing. Some tours are including rides in Heritage Trains, highlighting the history of that country.
Major players present in the European rail tourism market are Trafalgar, G Adventures, Globus, Cosmos, Wings Tour, Explore!, Great Rail Journeys, Eurailing Packages, Bamba, Responsible Travel, Intro Travel, Wanderlands Travel, Georgian Holidays, Kiwi Vibes, etc.
For any Queries Linked with the Report, Ask an Analyst@
https://www.futuremarketinsights.com/ask-the-analyst/rep-eu-3548
Get More Valuable Insights
Future Market Insights, In Its New Offering, provides an Unbiased Analysis of the Europe Rail Tourism Market, Presenting Historical Demand Data (2017-2021) And Forecast Statistics for The Period from 2022-2032.
The Study Divulges Compelling Insights On the Europe Rail Tourism Market Based On the Tourism Type (High-Speed Train, Long-Distance Train, Night Train, Local/Regional Train, Scenic Train, International Train), By Country (United Kingdom, Scotland, Switzerland, Austria, Russia, Spain, Venice, Sweden, others), Booking Channel (Phone Booking, Online Booking & In Person Booking) Tourist Type (Domestic & International), Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, 66-75 Years) Across Europe.
Read Related Reports@
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports