15 Most Unfriendly Countries in Europe

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In this article, we will be taking a look at the 15 most unfriendly countries in Europe. If you wish to see the top ones, then head straight to the 5 Most Unfriendly Countries in Europe.

Travel and tourism, a major predictor of global economic health, was severely impacted by the COVID-19 pandemic, leading to the loss of 62 million jobs and $4.5 trillion in GDP in 2020 alone. However, the sector is rebounding quite well. The most recent data from the United Nations World Tourism Organization (UNWTO) shows that that between January and September 2023, almost 975 million tourists travelled internationally—a 38% rise over the same time the previous year. During this time, global tourism reached 87% of pre-pandemic levels.

Data from the UNWTO also shows that during the first nine months of 2023, the world's most visited region, Europe, reached 94% of pre-pandemic levels. 550 million international tourists visited the region, supported by intra-regional demand and travel from the United States, accounting for 56% of the global total.

Moreover, according to figures from Eurostat, 2023 was a record year for the EU accommodation sector. The estimated number of nights spent at tourist accommodation establishments in the EU, like hotels, holiday homes and campsites, reached 2.92 billion last year. This number also exceeded the pre-pandemic level for 2019 by 1.6 %, when 2.87 billion tourist overnight stays were counted.

2023 marked an increase compared to the previous year as well, with 171 million more nights spent at tourist accommodation establishments in the EU. The primary cause of this was an increase in foreign visitors. Nearly all EU Member States recorded an increase in nights spent compared to 2022, with the exception of Luxembourg.

Meanwhile, companies like Choice Hotels International, Inc. (NYSE:CHH), Hyatt Hotels Corporation (NYSE:H), and Marriott International, Inc. (NASDAQ:MAR) are providing lodging services to travelers in Europe.

Choice Hotels International, Inc. (NYSE:CHH), headquartered in Rockville, Maryland, is a world-renowned hotel franchisor with over 7,000 locations, representing almost 570,000 rooms, in more than 40 countries. As of January 30, the stock has returned 8.96% to investors on a year-to-date basis.

Additionally, hedge funds like the company. Choice Hotels International, Inc. (NYSE:CHH) was a part of 25 hedge fund portfolios at the end of Q3 2023, up from 17 in the previous quarter, according to Insider Monkey’s database. The collective value of stakes owned by these hedge funds is over $319 million.