Pierre et Vacances, the strongest rise in the SRD at mid-session of Wednesday December 14, 2022 – 12/14/2022 at 12:28

(AOF) – Pierre et Vacances (+6.41% to 1.06 euro)

Pierre et Vacances took over as head of the SRD mid-session after announcing the success of the Villages Nature Tourisme restructuring operations. The title shows an increase of 24.79% over one month. These operations have notably enabled the financing in equity by December 15, 2022, by the investors of the main current institutional lessor of the project’s equipment, of an additional phase of development of the site up to 193 new cottages and a additional installation dedicated to the site and the acquisition by the group of the balance of the share capital of Villages Nature Tourisme.

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World tourism still on the rise

Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a strong level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations recorded notable increases in receipts, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.

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