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Reuters
Reuters
Business
By Giselda Vagnoni

Pent-up demand promises record tourist season for southern Europe

FILE PHOTO: Tourists walk in St. Mark's Square as the municipality prepares to charge them up to 10 Euro for entry into the lagoon city, in order to cut down the number of visitors, in Venice, Italy, September 5, 2021. Picture taken September 5, 2021. REUTERS/Manuel Silvestri/File Photo

After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to boost the economies of southern Europe as sun-seekers make up for lost time.

Early bookings suggest Italy, Spain, Greece and Portugal could receive record tourism revenues this year, helping replenish state coffers depleted by rising debt interest payments and the cost of living crisis.

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