Coastal Tourism leads the Blue Growth in Europe

19 Jul 2019

According to the Blue Economy Report launched at the European Maritime Day by the European Commission, coastal tourism accounted for 54% of the jobs, 36% of the GVA, and 32% of the profits in the total EU blue Economy in 2017. The sector employed almost 2.2 million persons and generated EUR 65 billion in value added and 23.5 billion in profits. The sector has grown substantially over the last 9 years. The report indicates that coastal mass tourism is likely to stabilise or even decline in the future and highlights modernization of the sector as well as innovation as the main keys to take up the challenges faced by the sector. Please, find the complete report here.