Knowledge documents
15 October 2024
Evaluating the economic impact of high energy prices on EU tourism
Knowledge documents
15 October 2024
Adventure tourism
Coastal, maritime and inland water tourism
Cultural tourism
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The European Commission’s report analyzes how rising energy prices indirectly impact the EU tourism sector by increasing household energy expenses and transport costs.
Publications Office of the European Union
European Commission
Topics
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
EU-27
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Academic/Research and VET Institutions
Local authorities
National authorities
Regional authorities
SMEs (a company with less than 250 employees)
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Specific types of tourism
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Adventure tourism
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Coastal, maritime and inland water tourism
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Cultural tourism
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Ecotourism
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Education tourism
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Festival tourism
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Gastronomy tourism
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Health and medical tourism
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MICE tourism
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Mountain tourism
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Religious tourism
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Rural tourism
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Sports tourism
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Urban/city tourism
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Wellness tourism
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Transition Pathway Strategic Areas
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Coordinated information on travelling
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Improving statistics and indicators
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Business activities
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Camping grounds, recreational vehicle parks and trailer parks
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Holiday Housing / Apartments and other short stay accommodation
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Hotel and similar accommodation
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Other
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Other accommodation
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Other tourism transportation activities
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Rail Passenger transport
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Restaurants, cafes and bars (Food and Beverage serving activities)
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Road passenger transport
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The European Commission’s document “Assessing the Impact of High Energy Prices on Tourism in the EU”, published in June, 2024, delves into how rising energy costs influence the tourism sector in the EU. Using the JRC-GEM-E3 model, the report reveals that while tourism isn’t highly energy-intensive, it is indirectly affected by higher energy prices. These increased costs force households to spend more on energy, leaving less disposable income for tourism. Additionally, since tourism often involves transportation, higher energy prices drive up transport costs, making tourism services more expensive. Overall, the report provides a background, methods used, and overview of results and discussion to understand these dynamics.
#Reports #Resource efficiency #Tourism indicators
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