COVID-19 led to weaker results in 2020-2021 while lifting restrictions in 2022 led to a boom in travel results. With pent-up demand continuing to result in consumers booking trips, 2023 is expected to set records.
Airlines are seeing a positive performance following COVID-19. However, flight prices face a lot of pressure from higher costs and rising fuel prices, in addition to the strong USD.
Like other aspects of travel, hotels are performing well in 2022-2023 after the disruption caused by COVID-19.
As travel is growing in 2022-2023, both in retail volume and value terms, booking is posting dynamic results.
Following COVID-19, travel is expected to return to a pre-pandemic state across the forecast period, resulting in ongoing growth. Many Danes will continue to have routine holidays, viewing them as being crucial for mental welfare, while a focus will be given to experiencing new places, cultures and cuisines while cultivating one's own special interests in a different location.
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Understand the latest market trends and future growth opportunities for the Travel industry in Denmark with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Travel industry in Denmark, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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