1048 GMT - Despite concerns about overcrowding or heatwaves, tourism to southern Europe is growing at a faster rate than northern Europe, Capital Economcis' Adrian Prettejohn says in a note. That's because since the pandemic tourism has been growing more quickly during the off-peak season, in part driven by fewer adults having children and price spikes in the peak season, he says. A greater proportion of people in early stages of retirement also means they have the time, wealth and mobility to travel. The shift to a more equal distribution could offer a significant boost to GDP in the medium term to countries more reliant on tourism, partly as traditional seasonal summer work gives way to lower unemployment throughout the year, Prettejohn says. (edward.frankl@wsj.com)
(END) Dow Jones Newswires
August 18, 2025 06:48 ET (10:48 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。