France And Others Face Travel Slowdown As Rising Costs And Protests Hit Bookings

Image generated with Ai

Travel demand across Europe and Asia is showing signs of moderation as higher transport costs, stagnant wages and growing economic uncertainty influence consumer spending. France, the United Kingdom, Germany, Italy, Spain, China, Japan and other important international markets face wider questions about affordability, visitor confidence and the future direction of tourism as travellers reassess their holiday budgets.

Glenn Fogel, Chief Executive Officer and President of Booking Holdings, has warned that travel demand is softening, highlighting the combined effects of expensive tickets, political uncertainty and declining consumer confidence. His assessment comes alongside revised fourth-quarter booking expectations, although the company’s third-quarter performance continued to demonstrate underlying resilience across accommodation reservations and overall booking values.

Travel Demand Faces Growing Pressure Across International Markets

The international tourism industry is entering a period of adjustment as consumers become increasingly selective about where, when and how they travel. Higher airfares, accommodation expenses and everyday living costs are affecting household budgets, making international holidays more difficult to prioritise for travellers with limited disposable income.

The latest assessment from Booking Holdings indicates that travel demand across Europe and Asia is experiencing some moderation. Although the wider tourism industry continues to benefit from long-term interest in international experiences, short-term consumer behaviour is becoming more sensitive to economic conditions. Travellers are increasingly comparing prices, adjusting holiday durations and reconsidering expensive destinations before making reservations.

The warning comes from Glenn Fogel, who discussed the changing travel environment during an appearance on the BBC podcast Big Boss Interview. His comments reflect concerns about the relationship between household purchasing power and the rising cost of international mobility.

For tourism businesses, this development carries considerable importance. Airlines, accommodation providers, travel intermediaries and destination management organisations depend on consumer confidence and predictable booking patterns. When travellers begin postponing reservations or selecting less expensive alternatives, the effects can extend throughout the tourism supply chain.

However, the emerging slowdown should not automatically be interpreted as a collapse in international tourism. Booking Holdings continued to record growth in room nights and gross booking value during the third quarter of 2026. The difference between its operational performance and more cautious forward-looking expectations illustrates the complicated condition of the global travel marketplace.

France Faces Pressure on Travel Spending as Rising Costs Influence Holiday Decisions

France’s tourism sector is navigating a more cautious consumer environment as higher transport costs, household expenses and economic uncertainty influence holiday spending. Although the country remains one of the world’s most established international tourism destinations, travellers are increasingly evaluating accommodation prices, airfares, dining expenses and local transportation before confirming their trips. Domestic visitors and international tourists from the United Kingdom, Germany, Italy and other European markets may become more selective about the duration and frequency of their holidays. The warning from Booking Holdings CEO Glenn Fogel reflects wider concerns that expensive travel arrangements and weakening consumer confidence could moderate booking growth. For France, this environment could encourage shorter stays, advance reservations and greater demand for affordable accommodation rather than premium travel experiences.

United Kingdom Experiences Changing Holiday Priorities Amid Higher Travel Expenses

The United Kingdom is facing similar pressure as household budgets remain sensitive to transport expenses, accommodation prices and wider living costs. British travellers are increasingly required to balance international holiday ambitions against everyday financial commitments, potentially influencing demand for European city breaks, Mediterranean beach holidays and long-haul destinations. Higher airfares and package holiday costs could encourage consumers to compare multiple destinations, select budget-friendly airlines and consider travelling during quieter periods. At the same time, economic uncertainty may influence how far in advance households commit to expensive holidays. For the tourism industry, these changing priorities could affect booking values, accommodation demand and travel spending across traditional British outbound markets. The moderation highlighted by Booking Holdings therefore reflects an important shift in consumer decision-making rather than necessarily indicating a complete decline in travel interest.

Germany Sees Greater Consumer Caution as Economic Uncertainty Influences Tourism Demand

Germany’s outbound tourism market could experience additional pressure as consumers become more cautious about discretionary spending. German travellers traditionally contribute significantly to European leisure tourism, supporting destinations across Spain, Italy, Greece, France and other popular holiday markets. However, stagnant wages, higher transport expenses and uncertainty about household finances may encourage travellers to reconsider expensive international holidays. Families could increasingly prioritise accommodation value, affordable transport connections and shorter travel itineraries. This shift may also influence demand for premium hotels, organised tours and long-distance holidays. For European tourism businesses, Germany’s changing consumer sentiment is particularly important because reduced spending among German visitors could affect booking performance across several interconnected destination markets.

Italy Faces Affordability Challenges as Travellers Reconsider European Holiday Budgets

Italy’s tourism industryoperates within a market where international visitors and domestic holidaymakers are increasingly attentive to travel affordability. Rising transportation costs, accommodation prices and everyday expenses could influence the decisions of travellers planning visits to Rome, Venice, Florence, Milan and coastal destinations. Although Italy continues to attract visitors through its historical landmarks, cultural experiences, gastronomy and Mediterranean landscapes, higher holiday costs may encourage more careful spending. Italian households could also reconsider domestic holiday frequency and international travel commitments as economic uncertainty affects discretionary budgets. For tourism operators, the emerging environment highlights the importance of competitive accommodation rates, flexible booking conditions and experiences that deliver stronger value. Booking Holdings’ assessment suggests that even destinations with established international appeal are not entirely protected from wider changes in consumer confidence.

Spain Confronts Potential Changes in Visitor Spending as Travel Costs Increase

Spain remains an important European destination for beach holidays, cultural tourism and city breaks, but changing consumer spending patterns could influence its tourism outlook. Visitors from the United Kingdom, Germany, France and other European markets may become increasingly selective when comparing accommodation prices, flight costs and holiday packages. Destinations such as Barcelona, Madrid, the Balearic Islands and the Canary Islands could face changing booking patterns if households prioritise affordability over longer or more expensive holidays. Domestic Spanish travellers may also reconsider discretionary travel as transport and living expenses place additional pressure on household finances. While travel demand may remain supported by the country’s diverse tourism attractions, businesses could encounter greater pressure to maintain competitive prices and attract value-conscious visitors.

China Navigates Changing Travel Confidence as Economic Uncertainty Influences Consumer Spending

China represents a significant part of the international tourism landscape through both its domestic travel industry and its outbound visitor market. However, economic uncertainty and cautious consumer spending could influence decisions about international holidays, luxury accommodation and long-distance travel. Chinese travellers considering trips to Europe, Southeast Asia and other international destinations may increasingly compare airfares, hotel prices and overall holiday expenses before making commitments. Domestic tourism could also experience changes in spending patterns as consumers prioritise essential household expenditure and affordable leisure activities. For international destinations that depend on Chinese visitors, shifts in outbound travel confidence could influence accommodation reservations, shopping-related tourism and organised tour demand. The wider moderation described by Glenn Fogel therefore carries significance for tourism businesses seeking sustained growth from China’s large travel market.

Japan Faces Greater Travel Budget Considerations Amid Changing Consumer Confidence

Japan’s tourism landscape is influenced by both domestic holiday spending and international travel demand. Although the country continues to attract considerable international interest through its cultural heritage, food experiences, seasonal attractions and modern cities, Japanese consumers may become more cautious about expensive overseas holidays when household budgets face pressure. Higher airfares, accommodation expenses and currency-related considerations can influence the affordability of international trips. Travellers may respond by choosing shorter holidays, prioritising nearby destinations or seeking more economical travel arrangements. For the domestic tourism industry, consumer sensitivity could also influence spending on hotels, restaurants, transport and recreational activities. These developments demonstrate how broader economic conditions can affect travel decisions even in markets with established tourism infrastructure and strong international connectivity.

Wider International Tourism Markets Reassess Growth Prospects as Booking Confidence Moderates

Beyond France, the United Kingdom, Germany, Italy, Spain, China and Japan, other important international tourism markets are also exposed to changing consumer priorities. Countries across Europe and Asia may experience different levels of pressure depending on household purchasing power, transport connectivity, inflation and the strength of domestic tourism. Higher ticket prices can make international holidays less accessible, while political uncertainty and economic concerns may encourage consumers to postpone bookings or select less expensive destinations. For airlines, hotels, online travel agencies and tour operators, these developments create a more complicated demand environment.

Glenn Fogel’s warning is particularly relevant because it highlights the difference between continued travel activity and the pace of future booking growth. Even when accommodation reservations and overall booking values demonstrate resilience, consumers may become more selective about when, where and how much they spend. The wider tourism industry will therefore need to monitor affordability, changing booking patterns and consumer confidence as it prepares for the next phase of international travel demand.

Higher Ticket Prices Reshape Consumer Travel Decisions

The increasing cost of transportation remains one of the most significant challenges facing international tourism. Airfares represent a substantial proportion of holiday expenditure, particularly for families, long-haul passengers and visitors travelling between geographically distant destinations.

When ticket prices rise, consumers often respond by shortening their holidays, reducing the number of annual trips or choosing destinations closer to home. These decisions can influence international visitor arrivals, hotel occupancy and spending across tourism-dependent economies.

Fogel specifically identified higher ticket prices and comparatively low wages as important factors affecting travel demand. The combination is particularly challenging because consumers may continue to express interest in travelling while finding themselves unable to afford the experiences they previously considered accessible.

The pressure also extends beyond aviation. Accommodation, airport transfers, restaurants, attractions and other tourism services contribute to the overall cost of a holiday. Even when travellers secure relatively affordable flights, additional expenses can make the complete journey considerably more expensive.

For destinations seeking international visitors, affordability is becoming an increasingly important competitive factor. Countries that offer accessible transport connections, reasonably priced accommodation and attractive visitor experiences may become more appealing to budget-conscious travellers.

Tourism businesses must consequently consider how pricing strategies influence purchasing decisions. Competitive packages, transparent charges and flexible booking arrangements can help maintain consumer interest without necessarily reducing the quality of the visitor experience.

Booking Holdings Revises Its Fourth-Quarter Expectations

The latest financial outlook from Booking Holdings provides an important indication of changing conditions within the international accommodation and travel reservation market.

The company’s earlier fourth-quarter gross bookings growth expectation of approximately 7 per cent was revised downwards. The updated outlook indicated growth of between 2 and 4 per cent, reflecting a more cautious assessment of consumer demand.

Room-night growth was projected at between 1 and 3 per cent. These figures suggest that accommodation reservations are continuing to expand, although the anticipated pace is considerably more moderate than previously expected.

The revised projections deserve attention because gross bookings and room nights offer different perspectives on tourism activity. Gross bookings measure the overall value of reservations made through platforms, while room nights provide an indication of accommodation demand.

A slower increase in both indicators suggests that consumers may be exercising greater caution when planning holidays. However, these figures do not independently establish whether travellers are cancelling trips, reducing spending or simply delaying their booking decisions.

The distinction is important for interpreting tourism market performance. Forward-looking estimates can change as economic conditions develop, while actual financial results provide a record of completed business activity.

For investors and tourism stakeholders, the revised outlook highlights the importance of monitoring consumer spending, transportation costs and regional booking patterns during the final months of 2026.

Third-Quarter Performance Demonstrates Underlying Resilience

Despite the cautious outlook, Booking Holdings delivered several positive operational indicators during the third quarter of 2026.

Room nights booked across its platforms reached 345 million, representing a 7 per cent increase compared with the corresponding quarter in 2025. Gross bookings value increased by 10 per cent to approximately US$54.5 billion.

These figures demonstrate that international accommodation reservations continued to expand despite concerns about affordability and geopolitical uncertainty.

Reported revenue, however, declined by approximately 1 per cent to US$8.9 billion from around US$9 billion in the third quarter of the previous year. The reported figure requires careful interpretation because adjustments associated with a US Federal Trade Commission development affected the year-on-year comparison.

After the relevant adjustment, revenue was reported to have increased by approximately 9 per cent year on year, reaching around 10 per cent growth when currency effects were considered.

The difference between reported and adjusted revenue demonstrates why financial comparisons require consistent accounting treatment. Without understanding the adjustments, readers could reach misleading conclusions about the company’s underlying commercial performance.

The third-quarter results also reveal an important distinction between current booking activity and future expectations. Although the business recorded higher room-night volumes and booking values, management remained cautious about the immediate outlook.

Key Booking Holdings Performance Indicators

These figures indicate that the accommodation booking market remains active, although the outlook suggests that growth could become less pronounced. The results also underline the importance of distinguishing between financial performance, consumer purchasing behaviour and future market expectations.

France

France is particularly relevant to the current discussion because Paris has recently experienced protests that have attracted attention to destination reputation and visitor confidence.

Paris remains one of the world’s most recognised international tourism destinations, attracting visitors through its cultural institutions, architecture, restaurants, shopping districts and historical landmarks. However, public demonstrations and reports of disruption can influence how prospective travellers assess the convenience and security of visiting major urban destinations.

Fogel referred to reputational damage and declining confidence associated with violent protests witnessed in Paris in recent weeks. His observations suggest that political and social developments can influence travel decisions even when the underlying tourism infrastructure remains operational.

For international visitors, perceptions of accessibility, public transport reliability and the overall visitor environment are important considerations. Travellers planning holidays may reconsider their itineraries when they anticipate demonstrations, transport interruptions or uncertainty around major public spaces.

Nevertheless, isolated periods of unrest should not be interpreted as evidence that an entire destination has become inaccessible. France continues to possess extensive tourism infrastructure and a diverse range of attractions beyond the capital.

The broader lesson for tourism authorities is that destination confidence depends not only on marketing campaigns but also on effective communication, public safety and reliable visitor services.

United States

The United States enters the financial discussion through the accounting adjustment associated with the Federal Trade Commission development mentioned in the third-quarter revenue comparison.

Although the adjustment does not directly establish a change in American outbound tourism demand, it demonstrates how regulatory developments and financial reporting considerations can influence the interpretation of corporate results.

The United States also represents an important market within international tourism because of its substantial domestic travel sector, extensive aviation network and considerable outbound visitor activity.

For tourism businesses, consumer spending patterns in large markets can influence international booking volumes. Changes in household purchasing power, transport expenses and accommodation prices can affect both domestic holidays and overseas travel decisions.

The distinction between financial reporting and tourism demand is particularly important. An accounting adjustment should not automatically be treated as evidence of increased or reduced visitor activity.

For analysts examining the international travel industry, the American regulatory dimension therefore provides financial context rather than a direct explanation for the moderation in European and Asian travel demand.

Europe And Asia Experience Changing Consumer Behaviour

Europe and Asia remain important geographical markets for international tourism, but their consumer environments are influenced by different economic, political and structural conditions.

Across European destinations, travellers are navigating higher transport expenses, accommodation costs and broader household financial pressures. These challenges can influence the timing of holidays, the choice of destinations and the amount consumers are prepared to spend.

Asian markets also face changing purchasing patterns as international travel becomes more expensive for some households. Travellers may continue to seek overseas experiences while increasingly considering shorter journeys, regional destinations and accommodation options that provide better value.

Fogel described consumer behaviour in Europe and Asia as relatively predictable given the uncertainty surrounding the international environment. His assessment connected weakening confidence with broader political developments and the effects of higher oil costs.

However, Europe and Asia should not be treated as uniform tourism markets. Income levels, transport connectivity, exchange rates, domestic tourism opportunities and consumer preferences differ considerably between individual countries.

The outlook for one destination may therefore diverge from that of another. Tourism businesses need to monitor specific markets rather than relying exclusively on broad regional assessments.

Middle East Developments And Rising Oil Costs Affect Travel Economics

Developments in the Middle East have also contributed to uncertainty across the international travel industry.

Fogel referred to the regional crisis and its contribution to higher oil costs during 2026. Oil prices are an important component of aviation economics because jet fuel represents a substantial operating expense for airlines.

When fuel prices increase, airlines may face pressure on operating margins. Depending on market conditions, some of these additional expenses can eventually be reflected in ticket prices, surcharges or changes to route capacity.

Higher fuel costs can therefore influence travellers even when their chosen destinations are geographically distant from the region experiencing instability.

The consequences are not limited to airlines. Cruise operators, ground transportation providers and tourism businesses with energy-intensive operations may also experience higher expenses.

For destinations, these developments create a challenging environment in which international visitors must balance travel aspirations against rising costs.

Nevertheless, the relationship between oil prices and airfares is not always immediate or identical across airlines. Fuel hedging arrangements, competition, currency movements and operating strategies can influence how quickly cost changes reach passengers.

The wider implication is that international tourism remains exposed to developments beyond the direct control of individual travel companies.

Political Uncertainty And Destination Reputation Influence Confidence

Consumer confidence is an essential element of the tourism economy because most holidays involve financial commitments made before the actual journey begins.

Travellers purchase flights, reserve accommodation and organise activities based on expectations about the destination and their ability to complete the journey without significant disruption.

When political uncertainty, demonstrations or other unexpected developments receive widespread attention, prospective visitors may become more cautious.

Fogel’s comments highlight how destination reputation can become a commercial consideration for the travel industry. A destination does not necessarily need to experience a prolonged disruption for international travellers to begin asking questions about safety, accessibility and the reliability of their plans.

This creates responsibilities for governments, tourism organisations and private businesses. Accurate travel information, transparent communication and effective public services can help maintain confidence.

It is equally important to avoid exaggerated perceptions of risk. Responsible tourism communication should distinguish between localised incidents and conditions affecting an entire country.

Destinations that provide clear information and demonstrate effective management of disruptions may be better positioned to protect their international reputation.

Tourist Taxes Add Another Layer Of Complexity

Another important issue identified by Fogel concerns the increasing use of tourist taxes in destinations around the world.

Visitor levies are generally introduced to generate revenue for local infrastructure, environmental management, public services or tourism development. Depending on the destination, charges may be collected through accommodation providers, municipal authorities or other administrative arrangements.

However, the growing variety of tourist taxes can create confusion for international visitors.

Travellers may encounter different payment requirements, exemptions, calculation methods and collection procedures across destinations. When these charges are not clearly communicated during the booking process, consumers can find it difficult to calculate the complete cost of a holiday.

Fogel argued that governments should consider the cumulative effect of these measures and the inconsistencies that visitors encounter when travelling between destinations.

He also acknowledged that the available evidence does not clearly establish whether tourist taxes are discouraging consumers from travelling.

This qualification is important. Visitor levies can support local communities and improve tourism infrastructure, but their design and implementation matter.

Transparent pricing, consistent communication and clear explanations of how the revenue is used can help maintain public confidence while supporting destination development.

Infrastructure Investment Could Improve Tourism Affordability

Fogel identified infrastructure investment as one of the areas where governments could provide meaningful support to the travel industry.

Rather than concentrating on financial assistance or business bailouts, he argued that authorities should prioritise improvements in essential infrastructure, particularly airport capacity.

Airport infrastructure plays a central role in international tourism because it determines how efficiently destinations can accommodate passengers and support airline operations.

Capacity constraints can affect the number of available flights, passenger processing times and the ability of airlines to expand their networks.

Improved airport facilities, efficient security procedures, modern passenger terminals and better transport connections can strengthen the overall visitor experience.

Expanding capacity may also support greater competition and additional seat availability, potentially helping to moderate prices over time.

However, infrastructure investment requires careful planning. New airport facilities must be supported by adequate transport links, environmental safeguards and long-term demand assessments.

Governments also need to consider the interests of local communities, particularly where expanding tourism infrastructure creates pressure on land, resources and public services.

The broader argument is that improving the physical foundations of tourism can deliver lasting benefits rather than providing temporary financial support to individual businesses.

How Tourism Businesses Can Respond To Slowing Demand

The changing market environment requires travel companies to reconsider how they attract and retain customers.

Airlines, accommodation providers and travel platforms may need to place greater emphasis on transparent pricing, flexible reservations and products designed around different spending capacities.

Consumers increasingly want to understand the complete cost of a holiday before making a commitment. Unexpected charges, complicated cancellation conditions and unclear accommodation fees can weaken purchasing confidence.

Tourism businesses can respond by improving the information available during the booking process and ensuring that additional charges are communicated clearly.

Accommodation providers may also benefit from developing packages that combine essential services with competitive prices. However, maintaining service standards remains important because reducing costs should not come at the expense of customer experience.

Travel platforms can strengthen their position by offering more relevant search options, accurate property information and practical assistance when reservations need to be changed.

Fogel emphasised the importance of continuously improving services, particularly when businesses have limited control over international political and economic developments.

Long-Term Growth Prospects Remain Positive

Despite the short-term moderation in travel demand, Fogel expressed confidence in the long-term prospects of the international tourism industry.

He suggested that travel could continue growing faster than gross domestic product over the next two decades.

This outlook reflects the enduring appeal of international experiences, cultural exploration, leisure holidays and business travel.

As incomes rise in developing markets and transport connectivity improves, additional consumers may gain access to international tourism opportunities.

Changing demographics, digital booking services and expanding accommodation choices could also support the industry’s long-term development.

However, sustained growth will depend on how effectively destinations address affordability, infrastructure requirements, environmental pressures and consumer confidence.

The next phase of tourism development may therefore be shaped not simply by the number of available destinations but by the industry’s ability to make travel accessible, reliable and economically sustainable.

Short-term uncertainty does not necessarily undermine these structural opportunities. Instead, it highlights the need for businesses and governments to prepare for changing consumer expectations.

What The Latest Developments Mean For International Travellers

For consumers, the emerging situation reinforces the importance of evaluating the complete cost of international holidays before making reservations.

Airfare comparisons remain useful, but travellers should also consider accommodation charges, local transport, visitor taxes, insurance and other expenses.

Flexible reservations may provide additional protection when unexpected circumstances affect travel arrangements. Visitors should also monitor official travel advisories and destination information before departure.

Travellers considering Paris and other major European cities should distinguish between localised demonstrations and wider destination conditions. Checking transport information and avoiding affected areas when necessary can help reduce inconvenience.

For Asian destinations, regional connectivity and alternative accommodation options may provide opportunities for travellers seeking more affordable holidays.

The broader message is that international travel remains possible, but careful planning and realistic budgeting are becoming increasingly important.

Outlook For The Global Travel Industry In 2027 And Beyond

The coming months will provide a clearer indication of whether the current moderation represents a temporary adjustment or a more prolonged change in consumer behaviour.

Fourth-quarter booking performance will be particularly important because it will offer additional evidence about how travellers respond to higher prices and economic uncertainty.

Tourism businesses will also need to monitor airline capacity, fuel expenses, accommodation pricing and the impact of destination taxes.

Governments have an important role in creating conditions that support sustainable tourism growth. Investment in airports, public transport and visitor infrastructure can strengthen destination competitiveness.

At the same time, policies should balance the economic benefits of tourism with the financial pressures experienced by residents and visitors.

For international travel companies, maintaining consumer trust will require a combination of operational efficiency, reliable services and transparent pricing.

The latest warning from Booking Holdings does not suggest that the desire to travel is disappearing. Instead, it points to a market in which affordability and confidence are increasingly influencing purchasing decisions.

With 345 million room nights recorded during the third quarter of 2026, the industry’s underlying activity remains substantial. Nevertheless, the revised fourth-quarter outlook demonstrates why tourism stakeholders must pay close attention to changing economic conditions.

The challenge ahead will be to convert long-term enthusiasm for travel into affordable, dependable and sustainable opportunities for consumers across international markets.

Frequently Asked Questions

1. Why Is Travel Demand Softening In Europe And Asia?

Travel demand is moderating because higher ticket prices, low wages, economic uncertainty and geopolitical developments are affecting consumer confidence and holiday affordability.

2. Who Warned About The Slowdown In International Travel Demand?

Glenn Fogel, Chief Executive Officer and President of Booking Holdings, discussed the moderation in travel demand during an appearance on the BBC podcast Big Boss Interview.

3. How Much Did Booking Holdings Reduce Its Fourth-Quarter Gross Bookings Growth Outlook?

The earlier expectation of approximately 7 per cent growth was revised to between 2 and 4 per cent.

4. How Many Room Nights Were Recorded During The Third Quarter Of 2026?

Booking Holdings recorded 345 million room nights during the third quarter of 2026, representing a 7 per cent increase compared with the same period in 2025.

5. What Was The Gross Bookings Value In The Third Quarter Of 2026?

Gross bookings value reached approximately US$54.5 billion, representing 10 per cent year-on-year growth.

6. How Are Higher Oil Prices Affecting International Tourism?

Higher oil prices can increase airline operating expenses, potentially contributing to higher ticket prices and additional financial pressure across the transportation and tourism industries.

7. Why Are Protests In Paris Relevant To Travel Demand?

Public demonstrations can influence destination reputation, visitor confidence and perceptions of accessibility, potentially affecting the decisions of international travellers.

8. Why Are Tourist Taxes Becoming A Concern For Travel Businesses?

Different visitor levies, payment arrangements and collection procedures can make holiday costs less transparent and create additional complexity for international travellers.

9. What Infrastructure Investment Could Support International Tourism Growth?

Airport expansion, modern passenger facilities, improved transport connections and more efficient airport operations could increase capacity, improve connectivity and support greater affordability.

10. Does Booking Holdings Expect Long-Term Tourism Growth To Continue?

Yes. Glenn Fogel expressed optimism that the travel industry could continue expanding faster than GDP over the next two decades, despite short-term economic and geopolitical challenges.