A XM não fornece serviços a residentes nos Estados Unidos da América.

Extreme weather drives travelers to cooler destinations this summer



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Extreme weather drives travelers to cooler destinations this summer</title></head><body>

Domestic air arrivals to Alaska up 10% year over year, driven by Texas travelers

Southern European destinations still attractive, but shoulder seasons gain popularity

Residents seeing more tourists throughout the year

By Doyinsola Oladipo, Joanna Plucinska and Karolina Tagaris

NEW YORK/LONDON/ATHENS, Aug 15 (Reuters) -Florida resident Kathy Pafunda is reading books and perusing maps to plan a Norway getaway next summer, following visits over the last two years to cool-weather destinations Alaska, Utah, Minnesota and Iceland.

"We like to escape during the summer months, especially when going outside feels like taking an unpleasant bath," said the retired 69-year-old audiologist, who lives in Tampa. "Florida is hideous right now."

Wildfires and heat waves this summer have pushed more travelers to take "coolcations," as the industry has started calling them, to northern Europe and Alaska to beat the heat.

July 22 was the world's hottest day on record and some scientists say 2024 could surpass 2023 as the hottest year.

Travel companies have noticed. Cruise operators, hotel companies and airlines are adding trips and accommodations to meet rising demand for temperate destinations.

Norwegian Air NAS.OL said in July it has established 10 new routes between northern Norway and European cities.

"We are enthusiastic about the growing interest in northern destinations from Europe," said Geir Karlsen, Norwegian Air CEO on a quarterly call.

Norwegian Cruise Line Holdings NCLH.N announced in July 13 new itineraries aboard six ships across Alaska, Canada and New England for summer 2026. Royal Caribbean Group RCL.N said on a quarterly call that it increased its Alaska capacity this summer.

"The impact of climate on the travel industry is very gradual as opposed to causing a company to make a major shift," said Truist equity analyst Patrick Scholes. "But companies are gradually adapting, some faster than others."

Domestic air arrivals to Alaska this summer increased 10% year-over-year, driven by a 30% increase in arrivals from Dallas, Texas, according to flight-ticketing data firm ForwardKeys. Texas residents have sweltered in hot conditions since May.

The numbers of plane tickets issued as of June for international arrivals in Norway, Ireland and Sweden this summer are up by 19%, 13% and 11% respectively year-over-year, ForwardKeys said.

Accommodations are also seeing the shift.

Vacation-rental company Airbnb ABNB.O recorded a 15% year-over-year increase in searches for summer stays in Norway, Sweden and Alaska during the first half of 2024.

Luxury-travel agency Virtuoso said its bookings this summer for Canada jumped 20% year over year.

Hyatt H.N plans to double the number of its hotelsin Canada by the end of 2026, as Toronto and Montreal see heightened summer travel.

SHOULDER SEASON

Rising demand for cooler destinations, however, has not dented warm-weather travel.

"Southern European destinations remain very attractive," said Olivier Ponti, director of analytics at ForwardKeys.

International arrivals in June in southern Europe increased 8% year over year, he said.

UK travelers are still looking to warm Mediterranean destinations, but the shoulder seasons of spring and autumn are becoming more appealing, said Sean Tipton, spokesperson for UK travel agent group ABTA.

"People are traveling earlier and later in the year, in part because August is too hot for them," Tipton said.

Italy's hotel occupancy in March and May roughly doubled compared with thesame months in 2019, said travel analytics firm Key Data.

DOWNSIDES

While the extended travel season is thinning crowds in hot spots during summer, it may mean residents must deal with tourists year-round,said Melanie Brown, Key Data's director of data insight.

"There's traffic year-round in destinations where there used to be traffic for nine weeks," she said, citing Colorado as an example.

With a longer season, travel companies may struggle to find enough workers in a tight labor market, Brown said.

Virtuoso said its summer Greece bookings are down 17% year over year.

"Business is still strong there, just not as robust as last summer," said Virtuoso vice president Misty Belles.

Yannis Hatzis, president of Greece's hoteliers' federation, said high-end accommodations have taken a hit.

From January to May, foreign arrivals to Greece were up nearly 21% but arrivals from the United States fell 19% year over year in May, according to the Bank of Greece.

Greece recorded its hottest June and July, according to the research instituteNational Observatory of Athens, aswildfires forced thousands of people to flee their homes.



Reporting by Doyinsola Oladipo in New York, Karolina Tagaris in Athens and Joanna Plucinska in London; Editing by Rod Nickel

</body></html>

Isenção de Responsabilidade: As entidades do XM Group proporcionam serviço de apenas-execução e acesso à nossa plataforma online de negociação, permitindo a visualização e/ou uso do conteúdo disponível no website ou através deste, o que não se destina a alterar ou a expandir o supracitado. Tal acesso e uso estão sempre sujeitos a: (i) Termos e Condições; (ii) Avisos de Risco; e (iii) Termos de Responsabilidade. Este, é desta forma, fornecido como informação generalizada. Particularmente, por favor esteja ciente que os conteúdos da nossa plataforma online de negociação não constituem solicitação ou oferta para iniciar qualquer transação nos mercados financeiros. Negociar em qualquer mercado financeiro envolve um nível de risco significativo de perda do capital.

Todo o material publicado na nossa plataforma de negociação online tem apenas objetivos educacionais/informativos e não contém — e não deve ser considerado conter — conselhos e recomendações financeiras, de negociação ou fiscalidade de investimentos, registo de preços de negociação, oferta e solicitação de transação em qualquer instrumento financeiro ou promoção financeira não solicitada direcionadas a si.

Qual conteúdo obtido por uma terceira parte, assim como o conteúdo preparado pela XM, tais como, opiniões, pesquisa, análises, preços, outra informação ou links para websites de terceiras partes contidos neste website são prestados "no estado em que se encontram", como um comentário de mercado generalizado e não constitui conselho de investimento. Na medida em que qualquer conteúdo é construído como pesquisa de investimento, deve considerar e aceitar que este não tem como objetivo e nem foi preparado de acordo com os requisitos legais concebidos para promover a independência da pesquisa de investimento, desta forma, deve ser considerado material de marketing sob as leis e regulações relevantes. Por favor, certifique-se que leu e compreendeu a nossa Notificação sobre Pesquisa de Investimento não-independente e o Aviso de Risco, relativos à informação supracitada, os quais podem ser acedidos aqui.

Aviso de risco: O seu capital está em risco. Os produtos alavancados podem não ser adequados para todos. Recomendamos que consulte a nossa Divulgação de Riscos.