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June 4, 2020

Fathom’s Chart of the Day 03.06.2020: International tourism is an economic drag for some, boon for others

by Fathom Consulting.

Despite COVID-19, foreign beach holidays may still be on the cards for Europeans this summer. Many countries plan to open their borders to intra-European travel from 15 June. For tourist hotspots, such a move is perhaps being driven partly by economics. In Greece, Portugal and Spain, net tourism exports account for 8.1%, 7.3% and 3.8% of GDP, respectively. In Europe, Germany and the UK are large net importers of international tourism, while China is the world’s largest source of travel demand.

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