Major Cities See Important Contributions to Tourism Sector from Remote Workers

Some urban destinations have opted to grow the tourism industry in their territories as an alternative way of compensating hybrid workers who were active after the COVID-19 outbreak.

SchengenVisaInfo.com reported that recent projections show that Paris' travel and tourist sector will increase in value over the next ten years from EUR29.8 to EUR40.67.

The World Travel and Tourism Council revealed that New York would see a rise in travel and tourism to EUR18,04 billion. This is up from EUR10,28 billion. The industry's recovery is different in each city.

The tourism industry is projected to reach EUR7.885 billion in 2023. This will only be five percent behind the pre-pandemic level. Some cities have recovered to pre-pandemic rates, while others are still struggling.

Many workers chose remote work after the pandemic. They've been reluctant to return to long commutes, while others simply cannot return because they moved to smaller towns.

In many European cities, office returns are close to the pre-pandemic level, with almost 70% of the 2019 levels restored. It is common for workers to spend two or three days in an coworking space, office, or office-like environment.

"One hundred per cent remote work doesn't exist so much, finally -- except for specific companies," Corinne Menegaux mentioned.

Eurostat, the European Office for Statistics (Eurostat), has revealed that in the pre-pandemic period, the gross value of tourism to the EU's economy was EUR572 billion. This represents 5% of the EU's total gross added value.

Croatia (11%), Portugal (8%) and Spain (7%) are the countries with the largest share of tourism gross values, while Italy's and Austria's tourism value increased by 6 and 5% respectively.

The highest gross tourism value added in the economy was also registered in Germany. EUR124 billion added to the German economy. Italy (EUR100billion) and France (EUR87billion) were the second-highest. In 2019, the average tourism direct gross added value in the economy was 4.5 percent across all of Europe.

Spain and France have the highest expenditure rates at EUR82.725 and EUR65.403, respectively. Italy is next with EUR55.437.

Source: schengenvisainfo.com