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WTTC Global Summit Saudi Arabia 2022 SIS - The Rising Cost of Travel in Europe (English)

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While Europe welcomed the highest share of international arrivals pre-pandemic and achieved an
impressive 28% rebound in 2021; the region is facing flight cancellations, staff shortages, rapidly
rising costs of living and a looming recession. What are the implications for European travel and how
can the sector best respond?
H.E. Susanne Kraus-Winkler, State Secretary for Tourism, Austria
H.E. Rita Marques, Secretary of State for Tourism, Portugal
José Ramón Bauzá Díaz, Member of the European Parliament
Eduardo Santander, Executive Director & Chief Executive Officer, European Travel Commission
Enrique Ybarra, Founder & Chief Executive Officer, City Sightseeing Worldwide
Moderated by: Peter Greenberg, Editor, CBS News

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