It is estimated that travel in 2023 will not reach the volume and value levels it would have without the COVID-19 disruption. Moreover, the inbound tourism flow is expected to remain lower in 2023, compared with the 2019 pre-Coronavirus (COVID-19) level.
Low cost carriers and flights are fuelling the recovery of airlines from the COVID-19-induced slump. Full service carriers and flights have been slower to recover, since many consumers in Belgian and elsewhere remain hesitant about travelling long distances and staying away from home for long periods, alongside health and higher expenditure concerns The prices of flights have increased at a fast rate in the years since the outbreak of the COVID-19 pandemic, including at the end of the review period.
Hotels continued its recovery in Belgium at the end of the review period, with 2023 figures moving towards, comparable to or higher than the 2019 pre-COVID-19 level. For example, the number of room nights in hotels is set to exceed the 2019 figure in 2023.
Booking is the fastest-growing category in travel and tourism in Belgium. Indeed, Belgian consumers are eager to travel and many save to ensure they can afford a holiday.
Belgium is expected to continue to see the recovery of inbound tourism flows, with the number of trips projected to exceed the 2019 pre-COVID-19 level by 2024. In addition, the numbers of domestic trips and outbound departures are expected to continue to rise.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Travel industry in Belgium with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Travel industry in Belgium, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!