Slowly but surely, the European travel market began to mount its recovery in 2021. After dipping to just 64% of its 2019 size in 2020, gross bookings climbed a projected 31% in 2021. Still limited by new waves of coronavirus infections and rapidly changing travel restrictions, an immediate and robust return to travel failed to materialize. However, projected double-digit gains for the next several years are indicative of overall strong optimism for the region’s travel market.
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