As we break into summer, a lot is concentrating our minds at GBN.
16 billion spent in Switzerland by tourists
The balance between tourist revenue in Switzerland and what Swiss tourists spend while abroad was negative in 2017.
The Swiss Federal Office of Statistics announced that there was a difference of 122 million CHF between what was spent here and what was spent overseas.
In 2017, Swiss residents spent 16.1 billion CHF abroad, 0.5 percent more than in 2016. Tourists in Switzerland spent 16 billion (+1.6 percent), an improvement on 2015 when the strong Swiss Franc curtained tourist numbers.
Overnight stays, which some two-thirds of Swiss tourism accounts for, returned to growth in 2017 following two consecutive years of decline.
In comparison to 2016, the revenue from overnight stays increased by 192 million CHF, for an overall total of 10.6 billion CHF.
Finally, despite a strong appreciation of the Swiss franc, the Helvetians continue to travel a lot though there are no surprises for what are the most popular destinations for the Swiss; Germany, France and Italy.